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07 November 2023

For a Sustainable Future: Dubai Islamic Bank Empowers Youth Financial Literacy


Dubai Islamic Bank (DIB), the UAE's largest Islamic bank, is taking significant strides in nurturing the financial literacy of the youth through its innovative Youth Financial Empowerment Forum, a pioneering financial literary endeavor by DIB to provide the youth with valuable information and resources to help them become more financially empowered. 

DIB's commitment to empowering the youth in the field of finance is underscored by this groundbreaking event, which is the first of its kind. The bank has a rich history of working in collaboration with organizations that share its vision for youth development. Over the past two campaigns with KFI Global, DIB has collaborated with approximately 50 schools, impacting up to 4,000 students positively. This initiative is designed to enhance financial literacy and equip young individuals with the knowledge and tools for financial success.

Dr. Adnan Chilwan, Group Chief Executive Officer at DIB, said: "The Youth Financial Empowerment Forum marks a significant stride in Dubai Islamic Bank's commitment to youth empowerment, emphasizing our focus on sustainability. This forum brings together educational institutions, students, and DIB's bank executive leadership to highlight the importance of financial wellness and strategic empowerment for young individuals. The positive transformations and feedback we have witnessed reinforce our substantial investment in advancing this financial literacy initiative, as we strive to shape a prosperous and sustainable future.

The forum also allows us to acknowledge and honor the educational institutions that have been key to our successful financial literacy campaigns, underscoring our dedication to investing in future generations.

"In alignment with the UAE's strategic vision, we consider financial literacy to be a fundamental skill in today's fast-paced global economy, critical not only for individual capability but for ensuring a sustainable future. We are committed to providing young people with the necessary financial knowledge and skills to manage their finances effectively, equipping them to meet future challenges with confidence."

Held at Mohammed Bin Rashid Library, the event was attended by 17 schools and approximately 100 students, deans and academic leaders, where few have shared their experiences from the past campaigns and their most valuable takeaways. By nurturing the potential of the next generation, DIB aligns with the UAE's commitment to fostering youth development.