A Review of Al Hilal Bank

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Al Hilal Bank, an Islamic bank, provides banking products and services in the United Arab Emirates. It offers personal banking, including deposit accounts, finance facilities, credit cards, safe deposit lockers, and the financial mall; and wholesale banking, such as project, contract, asset acquisition, asset, working capital, and trade finance. The company also provides treasury products to institutions and government entities, as well as high-net-worth individuals. In addition, it offers foreign exchange contracts, including spot, forward, cross-currency swaps, options, and other structured products to assist its customers in their foreign exchange risk management needs. Further, the compa... Detailed Description

Sheikh Sultan Bin Khalifa Building
1st-3rd Floor
Corniche Road
Abu Dhabi,  
United Arab Emirates
Founded in 2008

Al Hilal Bank PJSC (the “Bank”) was incorporated
in Abu Dhabi, United Arab Emirates on
18 June 2007 by virtue of Amiri Decree
number 21 of 2007, with limited liability, and
is registered as a public joint stock company
in accordance with the United Arab Emirates
Federal Law number 8 of 1984 (as amended),
United Arab Emirates Federal Law number 10
of 1980 (as amended) and United Arab Emirates
Federal Law number 6 of 1985 regarding Islamic
banks, financial institutions and investment
companies. The Bank commenced operations
on 19 June 2008.
The Bank is wholly owned by the Abu Dhabi Investment Council, an investment arm of the Government of Abu Dhabi. The Bank’s shares are not listed on a recognised exchange.
The Bank is primarily involved in Islamic personal, wholesale, treasury and investment banking activities in the UAE and through a wholly owned subsidiary in Kazakhstan.
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