In a recent announcement, Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE, has decided to postpone one-month instalments for its Personal Finance customers during the holy month of Ramadan. This initiative is a part of ADIB's ongoing commitment to provide flexible financial solutions that support its customers.

ADIB's Wide Range of Financial Products

ADIB offers a variety of financial products to its customers in the UAE. These include personal finance options with a highly competitive profit rate starting from 1.99%. The finance amount can go up to AED 2 million for UAE residents and AED 3 million for UAE nationals, provided their salary is AED 5,000 and above.

ADIB also offers a range of Visa Cards with offers and benefits tailored to suit every lifestyle. For customers looking to invest in property or build their dream home, ADIB Home Finance can facilitate the realization of these dreams.

One of ADIB's innovative solutions is the Visa Instalment Solution, which allows customers to conveniently convert purchases into Easy Instalment Plans (EIP) directly from the point-of-sale (POS) terminal. Another unique feature is the Aani service, which enables customers to transact with other Aani users (individuals and businesses) of participating banks and other entities. This service allows customers to send or request money using mobile numbers, QR codes, or email addresses, without the need to exchange bank account numbers or IBANs.

Customers can also avail of ADIB Takaful coverage simply by using the ADIB Mobile App. In a recent collaboration with Sharaf DG Energy, ADIB now offers ADIB Green Personal Finance, a Shari'a compliant trading app from ADIB Securities.

Support from Other UAE Banks During Ramadan

ADIB is not the only bank in the UAE providing support to customers during the holy month of Ramadan. Other banks in the region also offer special financial services and offerings to assist their customers during this period. However, the specifics of these offerings vary from bank to bank and are usually announced closer to the commencement of Ramadan.