Abu Dhabi Islamic Bank signs MoU with Higher Colleges of Technology to create region's first Institute for Islamic Economics and Ethics

Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Emiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18th April 1999. ADIB’s vision is to be a top-tier, global Islamic financial services group and its mission is to provide Islamic financial solutions to the global community.

Abu Dhabi Islamic Bank signs MoU

Abu Dhabi Islamic Bank signs MoU

The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari’a principles.

ADIB’s core values, reflected in all its activities are: Simple and Sensible; Transparent; Mutual Benefit; Hospitality and Tolerance; and Shari’a inspired. It brings to its customers banking as it should be.

ADIB – Awards

– ADIB was named ‘The Best Islamic Bank’ in the Middle East at the Banker Middle East Industry Awards 2010, reaffirming its leadership position in the growing Islamic finance sector.

– ADIB also won the HRD award from the Emirates Institute Of Banking & Financial Studies.

– ADIB’s GHINA saving program won the Best Savings Account award at the Banker Middle East Product Awards 2010.

– ADIB won the ‘Best Private Sector Customer Service Team’ award at the 2010 UAE Customer Service Week forum, held by The International Customer Service Institute UK.

About Higher Colleges of Technology (HCT)

Founded in 1988 the Higher Colleges of Technology has grown to be the largest of the higher educational institutions in the UAE, gaining a well-respected reputation for innovative learning. More than 18,000 students attend 17 modern men’s and women’s campuses throughout the UAE.

HCT offers more than 90 different, English-taught programs in six core fields which are all relevant to the UAE’s fast growing and evolving economic sectors. The programs are designed in consultation with business and industry leaders to ensure that the students’ skills are job-relevant and to high standards.

All students learn in a technologically sophisticated educational environment that encourages development of the independent and life- long learning skills necessary to success in a fast changing world. HCT has awarded over 48,000 academic credentials to its graduates.

HCT focuses on meeting the needs of the local economy and community while at the same time meeting international benchmarks and accreditation standards. To do this it has established active links and collaborations with major companies and entities in the UAE and with many of the world’s leading universities and organizations.

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