VOL. XLVI

No 51/52

22/29-December-2003

REGIONAL BANKING

DIB Launches Islamic Shipping Company

The Dubai Islamic Bank (DIB) has launched the Alislami Oceanic Shipping Company (AOSC), an Islamic shipping investment firm, in association with the Tufton Oceanic Finance Group (Tufton) of the UK. AOSC will be a vehicle through which Islamic investors can take part in the GCC and world shipping markets by investing in international trading marine vessels. The company will be jointly promoted by DIB and...