Friday 23 October 2020 (UAE)

Al Hilal Islamic Bank

Coronavirus in the UAE: Some information on this website is out of date as a result of measures taken in the UAE to deal with the coronavirus crisis. Confirm with official or authoritative sources.

Al Hilal Bank

Al Hilal Islamic Bank (or AlHilal Bank) is an Abu Dhabi based Islamic Bank established by Royal Decree in July 2007. Hilal is Arabic for crescent moon. Hilal Bank was inaugurated almost a year later on Thursday 19 June 2008 with the first branch opening in Abu Dhabi on Saturday 21 June 2008, and another 3 branches opening in Abu Dhabi, Al Ain, and Dubai on Sunday 22 June 2008. Opening hours are from 0800-1500 or 1530 initially, and eventually to 2130 Saturday-Thursday but check with individual branches for exact times.

Al Hilal Bank products and services

All accounts have a number of free transactions per month, after which a fee is charged depending on type of transaction, and type of account.

About Al Hilal Bank

Hilal Bank was initially set up with AED 4 billion in authorised share capital and AED 1 billion paid up capital, making it the largest Islamic bank in the UAE. The bank is fully owned by the Abu Dhabi Investment Council (ADIC) and is the second Islamic bank to be established in Abu Dhabi, and the eighth UAE Islamic bank. The ADIC also has significant shareholdings in the National Bank of Abu Dhabi (NBAD) and Abu Dhabi Commercial Bank (ADCB).

Hilal Bank offers Sharia compliant banking services to the retail and corporate business sectors, in addition to investing in agricultural, industrial, and property sectors. Services will include Sharia compliant financing activities and consultancy, fund and portfolio management, investment advisory services, asset management, credit facilities, Islamic retail banking, Islamic investment banking. Additionally there are (or will be) Hilal Insurance and Hilal Real Estate subsidiaries. Several different names may be seen for the bank, including

Al Hilal Bank Corniche Branch in Al Sahel Towers, Abu Dhabi, is set up as a a financial shopping mall with individual kiosks or shop fronts along a main walkway, for each line of business including:

Al Hilal Islamic Bank Board of Directors

Al Hilal Bank Management

Al Hilal Bank contact information

Online banking security

Al Hilal Bank subsidiaries established or planned

Last update Saturday 11-Apr-2009.
Related pages
Related websites (new window)
Sponsored links

www.dubaifaqs.com/al-hilal-bank.php (PDF and print version).

Abu Dhabi AUH ABD ADB, Ajman AJM, Al Ain AAN, Dubai DXB, Fujairah FUJ, Ras Al Khaimah RAK, Sharjah SHJ, Umm Al Quwain UAQ

DubaiFAQs UAE information guide. Copyright © 2004-2020 www.dubaifaqs.com, Dubai, UAE - United Arab Emirates | blog | Facebook | Twitter |