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12:16 pm, Friday 30 September 2016 (UAE time)
Al Hilal Islamic Bank
Al Hilal Islamic Bank (or Al Hilal 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
Online banking security
This information last updated Saturday 11-Apr-2009
Contact details: Al Hilal Islamic Bank, PO Box 63111, Abu Dhabi, United Arab Emirates. Telephone +971-2-6356020, toll free (UAE) 800-666666.
Disclaimer: This website is for information only. It is not an official Al Hilal Islamic Bank website, and has no relationship with Al Hilal Islamic Bank. Information may not be correct or up-to-date.
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