Al Hilal Bank (Arabic: مصرف الهلال), Established in 2007, Al Hilal Bank is an Islamic bank headquartered in Abu Dhabi (UAE) offering Shari’ah compliant Retail Banking, Treasury and Wealth Management.
Al Hilal Bank was acquired by ADCB Group.[2]
With issued capital of AED 4 billion and paid up capital of AED 3.5 billion, the Bank had credit ratings of A+ and A2 by Fitch and Moody’s respectively. The Bank has 14 retail branches across the UAE and 3 branches in Kazakhstan through which they offer digital-based services, enhancing the Bank’s performance-driven culture.
Al Hilal Group[edit]
Al Hilal Group comprises three adjunct Al Hilal Bank units:
Al Hilal Takaful[edit]
Al Hilal Takaful provides “Takaful” Islamic insurance products covering the Property, Liability, Engineering, Marine, Aviation, Special Lines, Motor, Medical and Credit Insurance.
Al Hilal Kazakhstan[edit]
Al Hilal Kazakhstan[3] is the first Islamic bank in the Republic of Kazakhstan and Al Hilal’s first branch outside of the UAE with Head Office in Almaty. The two other branches operate in the cities of Shymkent and Astana.