Central Bank of UAE issues commemorative coins for Dubai Islamic Bank's 50th anniversary

Dubai: The Central Bank of the UAE (CBUAE), in collaboration with Dubai Islamic Bank (DIB), has rolled out a stunning tribute to commemorate DIB's Golden Jubilee, celebrating 50 years of remarkable achievements in the banking sector! This celebration is marked by the issuance of 7,000 exquisite silver commemorative coins, a fitting way to honour DIB's journey since its establishment in 1975.

The collection includes 2,000 impressive 50-gram coins and 5,000 lighter 20-gram variants. Each coin is a beautiful work of art, featuring the inscription '50 Years of Progress' in both Arabic and English. It signifies the significant period from 1975 to 2025, alongside the name 'Dubai Islamic Bank' prominently displayed. On the reverse side, the nominal value of "50 dirhams" is elegantly encircled by the words 'Central Bank of the UAE' in both languages, making each piece a collector's item to cherish.

This initiative aligns with DIB's grand celebration of its anniversary, marking a journey filled with growth, development, and numerous milestones. As a key player in the UAE's financial sector, DIB has consistently offered innovative banking services to individuals and businesses, reflecting the nation’s economic aspirations.

It’s important to note that these commemorative coins will be formally handed over to DIB and will not be available for public sale through the CBUAE or DIB.

Saif Humaid Aldhaheri, the CBUAE’s Assistant Governor for Banking Operations and Support Services, stated, “These commemorative coins embody DIB’s fifty-year journey of contributions and successes and its vital role in supporting the national economy. This issuance reflects our commitment to documenting significant achievements that shape the financial sector's history and reinforces trust and financial stability in the UAE.”

Dr. Adnan Chilwan, Group Chief Executive Officer of DIB, expressed heartfelt gratitude for this recognition: “We are deeply honored by the Central Bank of the UAE’s gesture in adopting the DIB initiative. It reflects the enduring partnership between DIB and the nation’s financial ecosystem and our shared commitment to building a resilient and inclusive economy. As we celebrate five decades of pioneering Islamic finance, this recognition strengthens our resolve to lead with purpose and inspire innovation for the future of banking both in the UAE and beyond.”