FAB launches new brand for its Islamic businessFirst Abu Dhabi Bank (FAB), the UAE’s largest bank, announced today that it is launching a new FAB Islamic logo inspired by the FAB Brand Identity and that its wholly-owned subsidiary, Abu Dhabi National Islamic Finance (ADNIF), has chan More… |
Adnif backs UAE Red CrescentAbu Dhabi National Islamic Finance (Adnif), the Islamic banking arm of the National Bank of Abu Dhabi (NBAD), has donated Dh1,5 million ($408,000) to the UAE Red Crescent Authority (RCA) to support people with special needs. The donation w More… |
Five new firms set to join UAE takaful marketFive new companies offering Islamic insurance, or takaful, are expected to launch in the United Arab Emirates by mid-2011, boosting competition, industry executives said. There are now six takaful companies in the UAE with a seventh to be More… |
NBAD unit sees higher profit, eyes cap increaseThe Islamic subsidiary of National Bank of Abu Dhabi (NBAD) has said it expects profit to grow 25 per cent this year and may increase its capital substantially as demand for Shari’a-compliant banking grows. Abu Dhabi National Islamic Finan More… |