| 13.05.2010 - Dubai Islamic Bank to get $1bln injection |
| From Thenational.ae: Dubai Islamic Bank (DIB) shareholders have approved a Dh3.75 billion (US$1.02bn) capital injection from the Ministry of Finance arranged last year as part of the Government’s efforts to shore up the banking system. The funds, structured as a Sharia-compliant wakala agreement, follows a Dh70bn Ministry of Finance stability programme put in place in October 2008 to help restart lending at banks.............................................Full Article: Source |