Bismillah ir-Rahman ir-Rahim

Over the years, Dahabshiil Financial Services, together with our partners and agents, has successfully executed billions in money transfer transactions. Today we fulfill a long standing aspiration to bring a modern regional bank to the Horn of Africa, by launching a new Islamic Bank to provide complete banking services to consumers, businesses and international organisations in a Sharia-compliant way.

We have assembled a world-class team of banking professionals. DBI operates at the highest standards of international banking. As an Islamic bank, there is no interest received or charged. The bank generates profits through asset-based lending, in which we share the upside and occasionally the downside with our customers, in total transparency.

DBI goes beyond commercial banking transactions to offer advisory services like project structuring and financial planning. We support our customers before, during and after their projects.

The management team is supervised by an experienced board of directors and guided by a reputable Sharia advisory board.
DBI is a commercial enterprise and we understand that service quality and customer satisfaction are essential to our success and profitability.

One of our main objectives is to bring down artificial barriers and make banking as accessible and easy as money transfer. We will also do our part to connect the regions we serve to the international financial system in a cost effective and efficient manner. DBI benefits from strategic partnerships with first-class international financial institutions.

We are fortunate to be living in a time of possibilities. New technologies must be embraced and used to improve our services and our lives. We invest in the latest technology to improve efficiency and customer service.

We are often asked how Dahabshiil was able, by the grace of God, to prosper despite the unfortunate circumstances in the Horn of Africa. The simple explanation is that we keep our promises. With DBI, we would like to make a new promise. We will serve all our customers with respect and integrity. We may not always be able to say yes because it is our duty to protect our depositors’ funds. But we will always listen, find solutions and answer any questions you may have.

We look forward to providing best-in-class Islamic banking services to our customers and the region.

Thank you for your continued support. Sincerely,

Mohamed Said Dualeh
Chairman