ADCB Islamic Banking Wins Two Global Islamic Finance Awards 2013

27 November 2013

Abu Dhabi, 27 November 2013: ADCB Islamic Banking (ADCB IB) has won two prestigious awards from the Global Islamic Finance Awards (GIFA). ADCB IB has been awarded the "Best Islamic Banking Window" and the "Most Innovative Product of the Year" for the Bank's dedicated for UAE Nationals product, "Emirati Millionaire Savings Account". The awards have been presented at the 5th World Islamic Retail Banking Conference (WIRBC) held on 26 - 27 November 2013 at Shangri La Hotel, Dubai.

On winning these two prestigious global awards, Amr Al Menhali, Head of ADCB IB commented "We thank our customers for placing their trust in us and we appreciate the role our staff has played in winning GIFA. We highly value these recognitions by GIFA. ADCB IB has achieved many milestones in the five years of business and we will continue our efforts to contribute to the Islamic banking industry".

Professor Humayon Dar, Chairman of GIFA Committee said "ADCB is a well known conventional bank, with deep understanding and interest in Islamic banking. Winning the "Best Islamic Banking Window Award 2013" is a reflection of their commitment to offer a wide range of services to specific customers. The bank has always sought to bring innovation and authenticity into its Islamic products. I must congratulate ADCB IB team for developing Emirati Millionaire Savings Account for which they have won "Most Innovative Product of the Year." Such products have the potential to reach the UAE market segments."

The 5th Annual World Islamic Retail Banking Conference is the platform that brings together key policy makers, global Islamic retail bankers and business decision makers to put a spotlight on the challenges, innovations, latest developments and technological solutions essential for the further growth of the global Islamic retail banking sector.