Abu Dhabi Islamic Bank, the leading Islamic financial services group, announced today the signing of a memorandum of understanding with the Abu Dhabi International Market for Cooperation in the field of supporting and meeting the needs of the money community growth in Abu Dhabi.
The Memorandum of Understanding states that the Abu Dhabi Islamic Bank provides registered entities and licensed in the Abu Dhabi Global Market and customer managers specialized in preferential banking services compatible with the provisions of Islamic Sharia and facilitate the exchange of information about the latest banking and financing developments.
The Memorandum of Understanding sets a framework of cooperation between “Abu Dhabi Islamic” and the Abu Dhabi International Market, where the two parties focus on enhancing cooperation in the areas of education, training, business development and participation in hosting the “digital laboratory” and implementing awareness -raising research related to financial services, banking initiatives and financial technologies; In addition, the Memorandum of Understanding aims to increase cooperation between the two sides to provide preferential banking services, including quickly opening bank accounts for registered and licensed entities in the Abu Dhabi Global Market and specialized customer managers, in addition to many other advantages.
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