Dubai Islamic unveils sustainable finance series
Dubai Islamic Bank has launched the "Fath Horizons for Sustainable Financing" series, aiming to support the transition toward a more sustainable economy in priority sectors, with an initial focus on the real estate sector. Funding agreements and memorandum of understanding have been signed to support projects compliant with green building standards, as part of the bank's efforts to increase the share of sustainable assets to 15% by 2030. The initiative seeks to make a tangible impact through the development of green buildings and significant environmental savings. The bank aims to strengthen sustainable financing and achieve meaningful results in real estate sustainability and sustainable economic development.
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