Wednesday 16, April 2014 by Matthew Amlôt

Dubai Islamic Bank foreign ownership limit (FOL) raised to 25 per cent

Dubai Islamic Bank (DIB) has announced that foreign ownership limit allowed for the bank has been increased by an additional 10 per cent post completion of all regulatory formalities. The new FOL for the bank stands at 25 per cent and will significantly enhance the liquidity available to foreign investors.

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