Abu Dhabi Islamic Bank (ADIB) has officially opened its London branch at the prestigious One Hyde Park at Knightsbridge. It becomes the first UAE-based Islamic financial institution to receive a banking operations licence from the UK Financial Services Authority and to offer full range of services to high net worth individuals.
ADIB London was inaugurated by HH Sheikh Khalid Bin Zayed Al Nahyan and HRH Prince Andrew, The Duke of York, in the presence of HE Abdulrahman Al Mutaiwee, the UAE’s Ambassador to the UK and other dignitaries, a number of ADIB customers from the UAE as well as Tirad Mahmoud, CEO of ADIB Group and a number of ADIB representatives.
Tirad Mahmoud said, “I thank HH Sheikh Khalid bin Zayed Al Nahyan and HRH Prince Andrew for inaugurating ADIB London at One Hyde Park. This launch signifies the merging of our Islamic financial values with the advanced financial infrastructure and ecosystem of the UK.
‘By licensing 22 Islamic banks, the UK has proven that it welcomes the growth of our industry here. We are happy to begin our UK operations and to serve our customers based in the UK and those visiting. Our goal of broadening our presence in the UK will be achieved when they truly understand that Islamic finance is another name for ethical banking.”
ADIB London at One Hyde Park will be open for business between 09:00 am till 08:00 pm, Monday to Friday.
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