The Central Bank of the UAE (CBUAE) has released 7,000 silver commemorative coins to celebrate the Dubai Islamic Bank’s (DIB) Golden Jubilee, honoring its significant achievements in the banking sector since its founding in 1975.
This issuance comprises 2,000 coins weighing 50 grams and 5,000 coins weighing 20 grams. The obverse of the coin features the inscription “50 Years of Progress,” the mnemonic descriptor for this occasion in both Arabic and English, representing the period from 1975 to 2025, along with the name “Dubai Islamic Bank” in both languages, WAM reported.
On the reverse side, the nominal value of “50 dirhams” is displayed in Arabic, encircled by the inscription “Central Bank of the UAE” in both Arabic and English.
The issuance of these coins is part of DIB’s celebration of its anniversary, marking a journey filled with growth, development, and numerous achievements over fifty years. This makes DIB a prominent financial institution in the UAE, providing innovative banking services to individuals and companies in alignment with the country’s economic and developmental aspirations.
These commemorative coins will be officially handed over to DIB and will not be available for public sale through CBUAE or DIB.
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Saif Humaid Aldhaheri, CBUAE’s assistant governor for Banking Operations and Support Services, stated: “The Central Bank issues these commemorative coins that embody DIB’s fifty-year journey of contributions and successes and its effective role in supporting the national economy. This issuance reflects the central bank’s support to document the prominent institutional achievements that are integral to the financial sector’s history, and it highlights the continuous efforts to enhance trust and financial stability in the UAE.”
Moreover, Dr. Adnan Chilwan, group chief executive Officer of DIB, remarked: “We are deeply honoured by the Central Bank of the UAE’s gesture in adopting the DIB initiative and issuing commemorative coins to mark our 50-year legacy. More than symbolic tribute, it reflects the enduring partnership between DIB and the nation’s financial ecosystem, and our shared commitment to building a resilient, inclusive, and forward-looking economy. As we celebrate five decades of pioneering Islamic finance, this recognition reinforces our resolve to lead with purpose, inspire innovation, and shape the future of banking in the UAE and beyond.”
