Certificate offers ideal exposure to global commodities market; based on dynamic strategy designed to generate returns in both bull and bear-trending markets

Product distributed by DIB and issued by ABN AMRO; seeks to generate 96 per cent capital protection at maturity

Minimum investment of US$10,000; available from July 11-August 15, 2009

Dr. Adnan Chilwan, Chief of Retail and Business Banking, DIB

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, announced today the launch of a one-year Islamic Certificate linked to the Crescent Commodity Twister Strategy developed by ABN AMRO Bank. This US dollar-denominated certificate, which offers investors ideal exposure to the global commodities market based on a dynamic strategy that has been designed to generate positive returns in both bull and bear-trending markets, seeks to generate 96 per cent capital protection upon maturity.

This certificate is issued by ABN AMRO, which is 100 per cent owned by the Royal Bank of Scotland Group, and is available for subscription from Dubai Islamic Bank between July 11-August 15, 2009. The minimum investment is US$10,000.

Distributed by DIB’s Wealth Management division, this fully Sharia-compliant product aims to benefit from the trends of the Rogers International Commodity Index (RICI) Enhanced ex-Lean Hog Index, which tracks agriculture, energy, industrial and precious metals commodities.

The underlying Crescent Commodity Twister Strategy aims to generate returns in any market condition by assuming long or short positions in the RICI at regular intervals. If the index is considered to be on an upward trend, the strategy assumes a long position. If a downward trend is detected, a short position is taken. Such positions are determined monthly based on the level of the RICI relative to its six-month moving average.

“On behalf of Dubai Islamic Bank, I am extremely pleased to announce the launch of this globally best-in-class investment opportunity, which combines a uniquely dynamic worldwide strategy backed by DIB’s regional distribution capacity and unmatched Sharia standards,” said Dr. Adnan Chilwan, Chief of Retail and Business Banking, DIB.

“This one-year Islamic Certificate is based on the Crescent Commodity Twister Strategy, which seeks to appropriately manage risk despite the current volatility in the global commodity markets,” he added. “Through its Sharia compliance and by seeking to generate 96 per cent capital protection upon maturity, this certificate represents an excellent opportunity for investors here in the UAE and the region to gain exposure to the commodities market while mimimising the potential downside risk.”

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About Dubai Islamic Bank:

Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services.

The bank currently operates 57 branches in the UAE. As part of its expansion plans announced in early 2009 and in line with its aim to ensure customer satisfaction through accessibility, DIB will increase its nationwide network to 64 branches by the end of this year. In addition to regular, full-service branches, DIB is also planning to launch Express Banking Centres, which will provide fast, efficient services to DIB customers at various convenient locations like shopping malls, hypermarkets and megastores

By the end of 2009, DIB forecasts that the bank’s total customer base will increase by approximately 15 per cent, reaching some 900,000 customers, while its retail assets business will grow by approximately 20 per cent.

DIB has been proactive in creating partnerships and alliances at both the local and international level. The bank has established DIB Pakistan Limited, a wholly owned subsidiary. DIB has also opened its first representative office in Turkey to enhance its access to that market. DIB has also acquired a stake in Al Khartoum Bank and in Emirates and Sudan Bank, as well as contributing to the launch of Jordan Dubai Islamic Bank.

DIB has won the respect of its peers around the world for many years, and its leading position has been reaffirmed by the 34 awards that it has won in 2008 across diversified areas within banking, be it retail, corporate or investment banking. The bank was recently named “Best Islamic Bank” for the 4th consecutive year by Banker Middle East magazine. DIB has also received many awards from international organisations, such as the prestigious “Bank of the Year” award from The Banker (Financial Times), along with prestigious accolades from UK based Euromoney and NY based Global Finance magazines.

For further information, please contact:

Nicholas Nesson / Ghaleb Zeidan / Gunjan Chaurasia

ASDA’A Burson-Marsteller

Dubai, UAE

Tel: 971-4-3355969

Fax: 971-4-3356080

E-mail: n.nesson@asdaa.com / g.zeidan@asdaa.com / g.chaurasia@asdaa.com