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Al Hilal Bank partners with ADGM to promote Islamic financeAl Hilal Bank has announced a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic finance in Abu Dhabi and across the UAE. More… |
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Abu Dhabi's Al Hilal Bank unearths $136m internal fraudAbu Dhabi’s Al Hilal Bank PJSC uncovered internal fraud worth more than Dh500 million ($136 million), reported Bloomberg citing people with knowledge of the matter. Some employees at the Abu Dhab More… |
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Takaful Emarat to acquire Al Hilal Bank unitTakaful Emarat, a leading Sharia-compliant insurance firm, has agreed to acquire Al Hilal Takaful from Al Hilal Bank in an all cash transaction that will create the largest takaful group in the UAE based on 2016 gross written contributions. More… |
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Al Hilal Bank launches premium debit cardsUAE’s Al Hilal Bank has partnered with global payments technology company Visa to facilitate payments innovation in the country with the launch of three Visa payWave-enabled premium debit cards. With the new “tap and g More… |
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Al Hilal Bank wins best ‘Islamic Fund’ awardAbu Dhabi-based Al Hilal Bank’s ‘Al Hilal GCC Equity Fund’ has won the ‘Best Islamic Fund Award’ at the recently concluded 2015 Banker Middle East UAE Product Awards. The bank’s open-ended fund More… |
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Al Hilal Bank denies CEO resignation reportsAbu Dhabi's government-owned Al Hilal Bank said on Thursday its chief executive had not resigned, correcting an earlier comment from a spokeswoman who said he was leaving. "Mohamed Jamil Berro still remains in his positio More… |
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Al Hilal Bank chief executive resignsThe chief executive of Abu Dhabi government-owned Al Hilal Bank, Mohamed Jamil Berro, is leaving for personal reasons, a spokeswoman for the bank confirmed on Thursday. Sarie Ahmed Arar, currently the executive vice president of w More… |
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Al Hilal offers first 'scented' credit cardAl Hilal Bank, an Islamic lender based in Abu Dhabi, has launched its new ‘'Laha Al Hilal Card,' a first-of-its-kind scented credit card that has especially designed for its female customers in the UAE. This comes fo More… |
Al Hilal Bank’s rating upgraded by FitchAl Hilal Bank, an Abu Dhabi based Islamic bank, has announced that its viability rating (VR) has been upgraded by global rating agency Fitch Ratings. Fitch has also affirmed the long-term and short-term issuer default ratings (IDR More… |
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Al Hilal to allow ID cards for ATM transactionsIn a major move, Abu Dhabi-based Al Hilal Bank said it will start permitting its customers to use their Emirates Identity Authority (EIDA) identity cards for withdrawals and transfers at all its ATMs across the country. This uniqu More… |
