By Staff Reporter
Dubai, UAE – June 30, 2026: Azizi Developments has entered into a strategic sustainability finance agreement with Dubai Islamic Bank (DIB), marking a significant step toward expanding environmentally responsible financing solutions across the UAE’s real estate sector.
The agreement was signed during DIB’s inaugural real estate-focused sustainability roundtable, held at Park Hyatt Dubai under the theme of accelerating the transition to greener financing models for the property industry.
The signing ceremony was witnessed by Mirwais Azizi, Founder and Chairman of Azizi Developments, and Dr. Adnan Chilwan, Group Chief Executive Officer of Dubai Islamic Bank. The agreement was formally signed by Farhad Azizi, Group CEO of Azizi Developments, and Naveed Ali, Executive Vice President and Head of Corporate Banking Group and Financial Institutions at DIB.
The partnership underscores both organisations’ commitment to promoting sustainable development by creating innovative financing solutions that support environmentally responsible real estate projects and long-term economic value.
Speaking at the event, Mirwais Azizi said the collaboration represents an important milestone in advancing financing solutions that align with the UAE’s national sustainability objectives and strengthen the resilience of the country’s real estate sector.
Farhad Azizi noted that the agreement reinforces the company’s vision of developing communities that contribute to a more sustainable future, adding that strategic partnerships such as this encourage innovation and responsible growth throughout the industry.
The sustainability roundtable brought together senior representatives from government agencies, master developers, contractors, architects, engineers and financial institutions to explore strategies for accelerating sustainable real estate development and green financing.
Participants also attended technical workshops focusing on data-driven retrofit financing, waste management solutions and the expansion of circular economy practices across the UAE’s property market.
The agreement reflects the growing commitment of leading UAE developers and financial institutions to integrate sustainability into real estate investment through structured green finance initiatives, supporting the nation’s broader environmental and economic development goals.
Source: Dubai Focus
