Al Hilal Bank

Summary

Al Hilal Bank is an Islamic bank established in 2007 and headquartered in Abu Dhabi, UAE, offering Shari'ah-compliant retail banking and wealth management. ¹

Ownership

ADCB Group acquired it in 2019. ¹

References

English Wikipedia, "Al Hilal Bank", revision 1359643861. ¹

Islamic banks and conventional banks — the difference, the doubts and the performance

The two 'Al-Wasatiyya' episodes on Islamic banks. In the first, 56% of the studio audience said they could not define riba, 79% that they knew nothing of the murabaha, mudaraba, tawarruq and salam contracts, and they split into thirds on whether Islamic banks are free of doubt; in the second, 65% chose to buy by murabaha from an Islamic bank, 57% thought abolishing riba impossible while the world economy runs on interest, and 49% judged Islamic banks' social role weaker. The guests agreed that conventional bank interest is riba and differed over the existing Islamic banks.

At a glance

In the Modern Islam Browser

Footprint

Summary

Ownership

References

People and things also explored

Sources

Made

Islamic banks and conventional banks — the difference, the doubts and the performance