ADCB-IBD signs MoU with Omeir Travel Agency ADCB-IBD launches "Service Ijarah Travel Finance"

21 May 2013


Abu Dhabi, 21 May, 2013: Abu Dhabi Commercial Bank - Islamic Banking Division (ADCB-IBD) announced the signing of a memorandum of understanding with Omeir Travel Agency, to provide eligible customers of Omeir Travel Agency with its newly launched Service Ijarah Travel Finance.

Service Ijarah Travel Finance, ADCB's Islamic Banking Division's innovative new product provides its discerning customers with a Shari'ah compliant travel finance solution. The Service Ijarah Travel Finance enables customers to make their dream vacation a reality.

Mr. Amr al Menhali, Head of Islamic Banking at ADCB commented: "ADCB is delighted to launch Service Ijarah Travel Finance in association with Omeir Travel Agency. As part of this agreement, we offer financial convenience to Omeir Travel Agency's discerning clients for all their travel needs. We are confident that whatever the customer's travel ambition; we will finance a solution across the global network."

The MoU between ADCB-IBD and Omeir Travel Agency will fulfill customers travel needs, as they can access a travel finance facility, whilst booking their trip through an industry leading travel service provider.

Mr. Abdulla Bin Omeir, Deputy CEO, Omeir Travel Agency stated, "It's very important to create and sustain important collaborations throughout the industries spanned across our region. ADCB has proven time and again that innovation, hard work and excellent customer service and strategy will always step up the business into the future and help increase loyal customers."

Mr. Omeir added, "Omeir Travel Agency too believes in the same principles. We believe that customers are the reason we exist for without them there is no future in business. Basing these principles as our backbones, we have ventured with ADCB on projects that can provide enhanced products and innovative quality customer services to the clients across both our industries. The relationship between both companies has grown over the years, fueling the need and will bring out more ventures to open up more opportunities for the customers."