Dubai Islamic Bank, the world's leading Islamic financial group and the largest Islamic bank in the United Arab Emirates, has launched the 'Unlocking Sustainable Finance' series — a new sector-specialised platform designed to support priority sectors and accelerate their transition towards a more sustainable and future-ready economy.
The inaugural edition of the series, held under the theme 'Real Estate Sector Transition', brought together more than 80 senior stakeholders from across the built environment ecosystem, including policymakers, regulators, real estate developers, contractors, architects, engineers, sustainability experts, and supply chain leaders.
The forum focused on one of the UAE's most strategically significant sectors, exploring the role sustainable finance can play in advancing more efficient assets, low-carbon buildings, resilient infrastructure, circular supply chains, and long-term value creation.
The event opened with a keynote address by Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank, followed by the official announcement of a set of sustainability commitments with clients, aimed at translating sector-level dialogue into concrete, actionable market steps.
In this context, Dubai Islamic Bank signed a formal financing agreement for a LEED pre-certified project with Azizi Developments, supporting the development of a project aligned with globally recognised green building standards and reinforcing the role of sustainable finance in developing high-performance real estate projects and assets.
The signing ceremony was attended by Mr. Mirwais Azizi, Founder and Chairman of Azizi Developments, and Mr. Farhad Azizi, Group CEO of Azizi.
The event also saw Dubai Islamic Bank sign a formal memorandum of understanding for sustainability advisory services with Imtiaz Developments, establishing a framework for collaboration across all stages of the client transition journey — from strategic direction-setting and sustainability roadmapping through to financing readiness, ecosystem partnership-building, reporting, and audit and verification. The signing was attended by Mr. Masih Imtiaz, CEO of Imtiaz Developments.
Taken together, these formal commitments highlight Dubai Islamic Bank's platform shift from dialogue to tangible execution, by supporting practical, commercially viable, and measurable sustainability outcomes in the real estate sector.
Commenting on the launch of the series, Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank, said: