ADIB named best Islamic bank in UAE

June 6, 2021

Since its establishment in 2006, the IFN Awards have continued to grow significantly with the rise of demand for Sharia’a-compliant products and services….reports Asian Lite News

Abu Dhabi Islamic Bank (ADIB) has announced it won five categories at the Islamic Finance News (IFN) Awards 2021 ceremony, including Best Islamic Bank in the UAE, Iraq and Egypt. The bank also received the awards for Best Islamic Private Bank and Best Islamic Bank for Treasury Management.

Held in Dubai, the IFN Awards is a highly regarded awards ceremony within the Islamic finance industry, honouring organisations that have displayed leadership, innovation and excellence in deal execution over the past year.

Since its establishment in 2006, the IFN Awards have continued to grow significantly with the rise of demand for Sharia’a-compliant products and services. The winners are selected by a panel of independent experts who judge each candidate based on a set of predetermined criteria.

ADIB continues to be recognised for its success in the Islamic banking sector, receiving numerous awards in recent months including ‘Best Islamic Digital Bank’ and ‘Innovator in Islamic Finance’ awards by Global Finance. The bank was also named ‘World’s Best Islamic Bank’ by the FT’s The Banker Magazine and ‘Best Islamic Bank in the Middle East’ at the MEA Finance Awards 2020.

ALSO READ: Non-Arabs pump in AED3.255 bn to UAE in five months

Previous Story

UAE expands clean energy sector in record time

Next Story

Ayodhya mosque to be named after Indian freedom fighter

Latest from -Top News

India, UAE Boost Naval Ties

Both nations have stepped up naval cooperation in recent years, including bilateral exercises, port calls, and information-sharing mechanisms….reports Asian Lite News In

Pakistan’s $5bn LNG Gamble Backfires

The report says the Pak government locked into ‘take-or-pay’ contracts without demand guarantees, misjudging LNG price volatility and market risks….reports Asian Lite

Modi, Putin Discuss Alaska

Russian President Vladimir Putin on Monday spoke with Prime Minister Narendra Modi, sharing his assessment of last week’s meeting with US President

Wang Yi Arrives In Delhi

In July, EAM Jaishankar attended the SCO Meeting of the Council of Ministers of Foreign Affairs in Tianjin, meeting his Chinese counterpart

Don't Miss