Bank partners with NBAD to advance Abu Dhabi's role as regional financial services hub
Al Hilal Bank, one of the UAE's fastest-growing Islamic banks, will discuss the current state of Arab and global Islamic banking during the 3rd Annual Global Financial Markets Islamic Forum taking place from February 27 to 28, 2011 at the Yas Hotel in Abu Dhabi.
Organised by the National Bank of Abu Dhabi (NBAD), the forum complements efforts to further grow Abu Dhabi as a regional financial services centre in line with the emirate's long-term Vision 2030 development plan. Al Hilal Bank, a sponsor of the event, will partner with NBAD to explain multiple aspects of Islamic Banking and will host an executive lunch slated for the first day of the forum.
"The upcoming forum will enable us to assess the status of our region's banks and compare their development with their global counterparts. It will be a good venue for our industry to formulate effective strategies for bolstering Abu Dhabi's status as a rapidly-growing hub for regional finance and for highlighting the special role of Islamic banking in this regard. It will also be an opportunity for Al Hilal Bank to highlight its key Shari'ah-compliant banking services," said Mohamed Jamil Berro, CEO, Al Hilal Bank.
Dr Nassim Nicholas Taleb, Distinguished Professor at New York University's Polytechnic Institute, will deliver the forum's keynote speech. H.E. Nasser Ahmed Khalifa Al Sowaidi,, the Chairman of Economic Development Department and member of Abu Dhabi Executive Council, will also address the audience. Advisors from Al Hilal Bank will be present during the event to inform attendees of the bank's various services such as wealth management and corporate banking. More details on the 3rd Annual Global Financial Markets Islamic Forum can be viewed at www.gfmif-nbad.com.
"Organising annual Global Financial Markets Forums reflects NBAD's commitment to increase information-sharing and raise knowledge for our valued investors and clients," says Sameh Abdulla Al Qubaisi, the General Manager of Institutional and Corporate Coverage Group at NBAD's Financial Markets Division.
"We are proud that Al Hilal Bank is NBAD's partner in Global Financial Markets Islamic Forum (GFMIF) and thankful to all our partners for their support and contribution which will lead to a more successful forum," Mr. Al Qubaisi said.
Al Hilal Bank is fully owned by the Abu Dhabi Investment Council and operates 19 branches strategically located across the UAE. It is focusing on new technologies and special services to set new growth directions for Islamic banking in the UAE and the greater GCC area. The bank won as 'Best Retail Bank' at the 5th Annual Islamic Business and Finance Awards held in December 2010 and just recently launched its new Al Hilal GCC Equity Fund.
-Ends-
About Al Hilal Bank:
Al Hilal Bank is owned in full by the Abu Dhabi Investment Council, which is the investment authority of the Government of Abu Dhabi. The bank is working with an authorized capital of AED 4 billion, and is authorised to operate as an Islamic trading bank. Al Hilal Bank aims to become the leading financial institution in the region and to increase the growth of Islamic banking with a new direction, towards new technologies and special services. Al Hilal Bank has 19 branches strategically located across the United Arab Emirates as well as 2 other branches in major cities of Kazakhstan.
For more information:
Al Hilal Bank
Mariam Yousef Ahli
Public Relations Manager
Email: myahli@alhilalbank.ae
Mob: 050 744 77 55
Imad Ghadban
PR Account Manager
Orient Planet PR and Marketing Communications
Office: 00971-2-44 18 995 (Abu Dhabi)
Mobile: 00971-50-9 345 882
Email: imad@orientplanet.com
Website: www.orientplanet.com
© Press Release 2011
