Dubai Islamic Bank (DIB) today announced the results of its DIB Best Performance Awards, a ceremony that recognises employees for excellence. This year’s awards follow the announcement of record-breaking annual figures for DIB, with the bank’s total revenue in 2007 increasing by 46 per cent and net profit attributable to shareholders climbing 61 per cent over 2006 figures.

Now in its fifth year, the Performance Awards ceremony was held at the World Trade Center under the patronage of DIB Chairman Dr. Mohammed Khalfan Bin Kharbash. The event was attended by many of DIB’s senior managers.

“Without our exceptional employees, our achievements in recent years would not have been possible,” said Dr. Kharbash. “Last year was a landmark year for DIB in terms of both revenue and profit. The efforts of our staff have allowed DIB to consolidate its leading position in the area of banking and Islamic finance.”

Dr. Kharbash said the awards were in recognition of individuals and departments who have made an outstanding contribution to the bank’s performance in 2007. Choosing this year’s winners from the list of “outstanding” candidates, he said, was particularly difficult.

“These awards help boost morale among our staff, who are the driving force behind our strategic development plans and efforts,” Dr. Kharbash said. “But new achievements in a more competitive environment mean new challenges for our institution. Given the quality of the people we have, we are confident that DIB will fulfill its ambitious plans to achieve more growth in 2008 and beyond.”