The Middle East’s
Top 100 Listed
Companies 2022
![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2022/05/30174119/20-DR.-ADNAN-CHILWAN-DUBAI-ISLAMIC-BANK-GROUP-CEO.jpg)
20. Dubai Islamic Bank (DIB)
Country: U.A.E.
Sector: Banks & financial services
Group CEO: Adnan Chilwan
Market Value: $12.3 billion
Sales: $3.2 billion
Profits: $1.2 billion
Assets: $76 billion
DIB is one of the world’s largest Islamic banks. In February 2022, DIB became a member of UAE Trade Connect, a commercialized blockchain platform co-created by Etisalat Digital, several banks in the U.A.E., and Avanza Innovations. DIB announced in August 2021 that it is increasing its foreign ownership limit from 25% to 40%. The Investment Corporation Of Dubai is the biggest shareholder in DIB, holding 28%.