The new service will allow investors who hold a trading account with ADIB
Securities to diversify their portfolio in sharia'a complaint investment opportunities.
It will help people practically, and should make them feel engaged with many aspects of modern living that are tied to personal finance, from smart tips for saving when travelling to big life decisions, such as buying a house versus renting, education, starting a new business, saving for the future or managing debt smartly," said Philip King, head of retail banking at Abu Dhabi Islamic Bank at ADIB
Abu Dhabi Islamic Bank (ADIB
) has announced the expansion of its UAE network of ADIB
B efore joining ADIB
Capital what were your previous roles in this industry?
Capital is focused on three lines of business in Egypt including Mergers and Acquisitions, the Debt Capital Market and the Equity Capital Market, advising and arranging Shari'ah-compliant financing, including syndications, with an emphasis on supporting national infrastructure projects.
It was only my second graduate degree--a Masters of Public Administration from the Kennedy School of Government, Harvard University-- that strengthened my position in the financial sector and finally brought me to ADIB
In January 2017, I received a message from ADIB
that I would need to pay due amount of Dh750.
In the UAE, ADIB
has the largest ATM network with nearly 770 ATMs.
Tirad Al Mahmoud, CEO of ADIB
, said: "Despite very challenging conditions ADIB
has delivered a sustainable level of financial performance in Q1 2016 with steady growth in revenues and net profits.
It also contributes to raising awareness about the importance of saving among ADIB
customers and the wider community.
Helping UAE's development Commenting on the agreement, Tirad Mahmoud, CEO of ADIB
, said: "With this deal, ADIB
has acted on its mandate to contribute to the UAE's growth and development by ensuring that the financing needs of UAE corporations and other entities are met.
The agreement was signed at ADIB
offices by Duncan Anderson, Chief Executive Officer of GMS and Nuhad Saliba, General Manager, Head of Corporate Banking for private and public organizations.