Economic Calendar

Sunday, August 31, 2008

Abu Dhabi Commercial Bank to Offer Islamic Banking Services

Share this history on :

By Arif Sharif

Aug. 31 (Bloomberg) -- Abu Dhabi Commercial Bank PJSC, the United Arab Emirates' third-biggest bank by assets, said it had begun offering Islamic banking services to customers.

The services that comply with Islam's ban on interest will be offered through ADCB Meethaq, its new Islamic banking unit, the Abu Dhabi-based bank said in an e-mail statement today.

To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net


No comments: