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Al Hilal Bank appoints Jamal Al Awadhi as CEOAl Hilal Bank, a subsidiary of ADCB Group, has appointed Jamal Al Awadhi as its new Chief Executive Officer to spearhead the bank’s ambitious growth trajectory and reinforce its position as the UAE’s premier Shariah compliant digit More… |
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Al Hilal Bank launches instant digital subscription serviceAl Hilal Bank has signed a deal with the Abu Dhabi Securities Exchange (ADX) to offer instant subscriptions to all Shariah-compliant Initial Public Offerings (IPOs) on the ADX platform through the Exchange's e-IPO portal. More… |
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Etihad Holidays in deal with key banks for easy payment planAbu Dhabi Commercial Bank (ADCB) and Al Hilal Bank have signed an agreement with Etihad Holidays, the destination and leisure management arm of Etihad Airways, which will provide customers of both banks an easy payment plan when booking an Etiha More… |
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Al Hilal Bank to sell Takaful to Siraj HoldingAl Hilal Bank, a wholly-owned subsidiary of Abu Dhabi Commercial Bank (ADCB) has agreed to sell Al Hilal Takaful, its Islamic insurance business and operations, to Siraj Holding, a media report said. The transaction is expected to More… |
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Etihad Guest, Al Hilal Bank launch co-branded Visa cardEtihad Guest, the award-winning loyalty programme of Etihad Airways, and leading financial institution Al Hilal Bank have partnered to launch a co-branded Visa credit card in the UAE. The programme offers UAE residents an attracti More… |
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ADCB Q1 net profit down 5pc to $314mAbu Dhabi Commercial Bank has reported a net profit of Dh1.152 billion ($424 million) for the first quarter (Q1) of the year, five percent lower, impacted by higher cost of funds, partially offset by higher non-interest income and lower impairme More… |
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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… |
