Dubai Islamic Bank Seeks Co-operation with Bank Syariah Indonesia to Develop Islamic Banking

Dubai Islamic Bank (DIB) in the United Arab Emirates (UAE) and Bank Syariah Indonesia (BSI) have stated their willingness to collaborate with each other in areas of global Sukuk, human resource capacity building, training in risk management, product development and financing structure cooperation for Shariah-based product development. This was stated at the Indonesia Emirates Amazing Week 2021 (IEAW) held in March 2021.

Why it matters?

Bilateral relationship between the two banks is expected to facilitate more opportunities for cooperation and synergies between Indonesia and the UAE for the development of Islamic finance. With DIB’s co-operation, the President Director of BSI, Hery Gunardi expects to achieve the bank’s vi...