CBUAE Commemorates Dubai Islamic Bank's Golden Jubilee With Special Coin Issuance

The Central Bank of the UAE (CBUAE) has released 7,000 silver coins to commemorate Dubai Islamic Bank’s (DIB) 50th anniversary. This issuance celebrates DIB's achievements since its founding in 1975. The collection includes 2,000 coins weighing 50 grams and 5,000 coins weighing 20 grams. These coins will be presented to DIB but will not be sold to the public through CBUAE or DIB.

On the front side of the coin, "50 Years of Progress" is inscribed in both Arabic and English, marking the period from 1975 to 2025. It also features "Dubai Islamic Bank" written in both languages. The reverse side shows the nominal value of "50 dirhams" in Arabic, surrounded by "Central Bank of the UAE" in both languages.

The issuance of these coins aligns with DIB's celebration of its golden jubilee. Over fifty years, DIB has grown into a key financial institution in the UAE, offering innovative banking services to individuals and businesses. This growth supports the country's economic and developmental goals.

Saif Humaid Aldhaheri, Assistant Governor for Banking Operations and Support Services at CBUAE, stated: "The Central Bank issues these commemorative coins that embody DIB’s fifty-year journey of contributions and successes and its effective role in supporting the national economy. This issuance reflects the central bank’s support to document the prominent institutional achievements that are integral to the financial sector's history, and it highlights the continuous efforts to enhance trust and financial stability in the UAE."

Dr. Adnan Chilwan, Group CEO of DIB, expressed gratitude for this recognition: "We are deeply honoured by the Central Bank of the UAE’s gesture in adopting the DIB initiative and issuing commemorative coins to mark our 50-year legacy. More than symbolic tribute, it reflects the enduring partnership between DIB and the nation’s financial ecosystem, and our shared commitment to building a resilient, inclusive, and forward-looking economy."

This recognition underscores DIB's commitment to leading with purpose while inspiring innovation within Islamic finance. As they celebrate five decades of pioneering work in this field, their focus remains on shaping banking's future both within the UAE and globally.

The commemorative coins serve as a testament to Dubai Islamic Bank's significant contributions over half a century. They highlight its role in advancing financial services aligned with national aspirations for economic growth.

With inputs from WAM