According to the DIB, the new stand alone Al Islami Private Banking will offer various Islamic banking products and services including special structured investment solutions, deposits and treasury products, tailor-made banking solutions, share financing and much more.

DIB said through this new-concept of private banking customers can access the personalized services from relationship managers who will help them identify and achieve their financial goals.

DIB deputy CEO- chief of consumer and wholesale banking Adnan Chilwan said customers who visit the new concept branch will be able to fulfill their banking requirements in complete comfort and luxury.

"As part of DIB’s growth strategy, we plan to launch many more Private Banking branches across the UAE over the next few years," Chilwan said.

The new private banking branch is in addition to the 15 private banking centers located at various DIB branches across the UAE.