Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, has increased its shareholding in Türkiye’s T.O.M. Group from 20% to 25%, following its initial acquisition in September 2023.
The T.O.M. Group comprises T.O.M. Katılım Bankası A.Ş., Türkiye’s first licensed digital retail bank; T.O.M. Pay Elektronik Para ve Ödeme Hizmetleri A.Ş., a licensed e-money company; and T.O.M. Finansman A.Ş., a licensed financing company specializing in innovative digital products.
This strategic move aligns with DIB’s vision to drive financial inclusion and bring innovative Sharia-compliant financial services to underbanked and non-banked segments in Türkiye.
