Tagged: National Bank of Abu Dhabi (NBAD)

NBAD eyes Malaysian Islamic licence

NBAD eyes Malaysian Islamic licence

In an announcement by National Bank of Abu Dhabi (NBAD) its plans to seek an Islamic banking licence in Malaysia were revealed. This licence is to meet the demand for Shari’ah-compliant financing. After starting non-Islamic commercial banking operation…

NBAD launches Sukuk Income Fund

NBAD launches Sukuk Income Fund

The National Bank of Abu Dhabi (NBAD) has launched its Sukuk Income Fund, a unique product investing in Sharia’h-compliant investment instruments that provides investors attractive returns with low levels of risk.
The NBAD Sukuk Income Fund represents …

NBAD & ADIB Execute First Islamic REPO

NBAD & ADIB Execute First Islamic REPO

The National Bank of Abu Dhabi (NBAD) and Abu Dhabi Islamic Bank (ADIB) finished the GCC’s first ever Islamic equivalent of the conventional Repo product, a collateralized Murabaha transaction, opening the gateway to an alternative method of liquidity …

NBAD recognised internationally for sustainability

NBAD recognised internationally for sustainability

National Bank of Abu Dhabi (NBAD) was the only Bank from the Middle East of 17 banks from across the globe, that was shortlisted for the Financial Times/IFC Sustainable Bank of the Year Award.
The Award acknowledges banks that have prooven excellence i…