Tagged: Tamweel PJSC

Dubai Islamic Bank to take over 100% of Tamweel

Dubai Islamic Bank to take over 100% of Tamweel

The Dubai Islamic Bank PJSC (DIB) intends to acquire 100 per cent of Tamweel PJSC, the UAE-based Islamic home finance provider. DIB is the major shareholder of Tamweel, and will offer the other shareholders ten DIB shares for every 18 Tamweel shares. …