{
  "id": 11404339,
  "title": "UAE's largest Islamic bank DIB gets new chairman in Fadhel Al Ali",
  "url": "https://urgent.news/2026/10/02/uaes-largest-islamic-bank-dib-gets-new-chairman-in-fadhel-al-ali",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T08:35:14.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/banking/uaes-largest-islamic-bank-dib-gets-new-chairman-in-fadhel-al-ali-1.500695913"
  },
  "original_language": "en",
  "account": "Dubai-based Islamic bank DIB has appointed Fadhel Abdulbaqi Al Ali as its new chairman, effective September 30, 2026. He replaces Mohammed Ibrahim Al-Shaibani, who stepped down from his positions as chairman and board member on September 20 for personal reasons. Al Ali brings over three decades of experience in corporate governance, banking, investment, real estate, and hospitality to the role. He is also the chairman of Dubai Financial Services Authority and Majid Al Futtaim Capital, and serves on the board of Commercial International Bank of Egypt. The bank's board expressed confidence in Al Ali's leadership, believing it will help DIB position itself as a leading Islamic financial group. The bank thanked Al-Shaibani for his service, praising his leadership that contributed to the bank's growth and transformation. DIB, established in 1975, is the UAE's largest Islamic bank by assets, with operations across the Middle East, Asia, and Africa, serving more than 11 million customers.",
  "summary": "Dubai: DIB has appointed Fadhel Abdulbaqi Al Ali as chairman of its board of directors, effective 30 September 2026, the UAE's largest Islamic bank said on Wednesday. Al Ali succeeds Mohammed Ibrahim Al-Shaibani, who stepped down as chairman and board member on 20 September for personal reasons. The bank did not give further details on his departure. 3 decades of leadership Al Ali has more than…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}