Dubai Islamic Bank (DIB) has launched the Unlocking Sustainable Finance series.
The initiative is a sector‑focused platform aimed at helping priority industries move toward a more sustainable and resilient economy. Its first edition, titled “Transitioning Real Estate”, targeted the UAE’s built environment, a sector the bank says is key to lower‑carbon growth.
Real estate forum gathers 80+ leaders
The inaugural forum convened more than 80 senior stakeholders from across the built environment ecosystem, including policymakers, regulators, developers, contractors, architects, engineers, sustainability experts and supply‑chain leaders. Participants discussed how sustainable finance can unlock efficient assets, lower‑carbon buildings, resilient infrastructure and circular supply chains.
The event opened with a keynote address by Dr Adnan Chilwan, group chief executive officer of DIB. He highlighted the sector’s importance and said:
Real estate has always been central to economic development, city competitiveness and community wellbeing. Today, as the transition to a lower-carbon economy accelerates, the built environment also represents one of the most important sustainability and commercial opportunities before us.
— Dr Adnan Chilwan, Group CEO, Dubai Islamic Bank
DIB formalises sustainability commitments with developers
During the forum DIB formalised an official LEED‑precertified project facility with Azizi Developments, reinforcing the role of green building standards in real‑estate finance. The signing was attended by Mirwais Azizi, founder and chairman of Azizi Developments, and Farhad Azizi, group CEO of the same firm.
The bank also sealed a Green Concierge memorandum of understanding with Imtiaz Developments. The MoU creates a framework for collaboration on sustainability direction, roadmap development, financing readiness, ecosystem partnerships, reporting and assurance. Masih Imtiaz, CEO of Imtiaz Developments, was present at the signing.
Both commitments illustrate how DIB’s platform moves beyond dialogue to support practical, commercially viable and measurable sustainability outcomes across the real‑estate sector.
Frequently asked questions
What is Dubai Islamic Bank's Unlocking Sustainable Finance series?
Dubai Islamic Bank has launched the Unlocking Sustainable Finance series, a sector‑focused platform aimed at helping priority industries move toward a more sustainable and resilient economy.
What is the goal of the real estate forum in the Unlocking Sustainable Finance series?
The real estate forum aimed to drive greener building practices and discussed how sustainable finance can unlock efficient assets, lower‑carbon buildings, resilient infrastructure, and circular supply chains.
Who attended the real estate forum in the Unlocking Sustainable Finance series?
More than 80 senior stakeholders from across the built environment ecosystem, including policymakers, regulators, developers, contractors, architects, engineers, sustainability experts, and supply‑chain leaders attended the forum.
What is the significance of the real estate sector in the UAE's economy?
Real estate is central to economic development, city competitiveness, and community wellbeing, and it represents one of the most important sustainability and commercial opportunities for the UAE's lower‑carbon transition.
What is the outcome of the partnership between Dubai Islamic Bank and Azizi Developments?
Dubai Islamic Bank formalised an official LEED‑precertified project facility with Azizi Developments, reinforcing the role of green building standards in real‑estate finance.
What is the purpose of the Green Concierge memorandum of understanding between Dubai Islamic Bank and Imtiaz Developments?
The Green Concierge MoU creates a framework for collaboration on sustainability direction, roadmap development, financing readiness, ecosystem partnerships, reporting, and assurance.
