Today: 3 April 2025
6 June 2021
1 min read

ADIB named best Islamic bank in UAE

Since its establishment in 2006, the IFN Awards have continued to grow significantly with the rise of demand for Sharia’a-compliant products and services….reports Asian Lite News

Abu Dhabi Islamic Bank (ADIB) has announced it won five categories at the Islamic Finance News (IFN) Awards 2021 ceremony, including Best Islamic Bank in the UAE, Iraq and Egypt. The bank also received the awards for Best Islamic Private Bank and Best Islamic Bank for Treasury Management.

Held in Dubai, the IFN Awards is a highly regarded awards ceremony within the Islamic finance industry, honouring organisations that have displayed leadership, innovation and excellence in deal execution over the past year.

Since its establishment in 2006, the IFN Awards have continued to grow significantly with the rise of demand for Sharia’a-compliant products and services. The winners are selected by a panel of independent experts who judge each candidate based on a set of predetermined criteria.

ADIB continues to be recognised for its success in the Islamic banking sector, receiving numerous awards in recent months including ‘Best Islamic Digital Bank’ and ‘Innovator in Islamic Finance’ awards by Global Finance. The bank was also named ‘World’s Best Islamic Bank’ by the FT’s The Banker Magazine and ‘Best Islamic Bank in the Middle East’ at the MEA Finance Awards 2020.

ALSO READ: Non-Arabs pump in AED3.255 bn to UAE in five months

Previous Story

UAE expands clean energy sector in record time

Next Story

Ayodhya mosque to be named after Indian freedom fighter

Latest from -Top News

MIND Diet Shows Short-Term Gains for Cognition

The study enrolled 604 participants who were overweight, had a suboptimal diet, and a family history of Alzheimer’s disease The MIND diet, known for its emphasis on brain-healthy foods like whole grains,

Indian-American Takes Office as Head of NIH

Born in Kolkata, India, Dr. Bhattacharya earned both his BA and MA degrees in economics from Stanford University, followed by a doctorate in medicine and a PhD in economics from the same
Go toTop

Don't Miss

Transworld Group forays into Tanker segment

The purchase of two LR1 tankers, named TTC Vidyut and

Ellwood praises UAE’s ‘quiet leadership’ securing Mideast peace

As well as improving relations with Israel and Turkiye, Ellwood