Dubai Islamic Bank announces the suspension of its services for a...

Islamic Bank revealed that its banking services will face a short halt during the period from 28 to 31 October 2020.

The bank stated in a text message today to its customers that “Dear customer, you will face a short interruption in accessing our banking services from 28 to 31 October 2020 as we integrate Noor Bank into Dubai Islamic Bank.”

Last January, Dubai Islamic Bank completed the acquisition of Noor Bank by arranging a deal in which shares were exchanged. In line with the acquisition, Noor Bank’s operations were fully integrated into Dubai Islamic Bank.

Earlier, Dubai Islamic, as the acquirer, announced that it was fully committed to providing a smooth transition for the customers of both banks, while ensuring that they continued to have the best possible banking experience during and after the merger.

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