Ahli United Bank (BSC) launches Al Hilal Islamic Banking in Bahrain.
Ahli United Bank (AUB) launched its Islamic Banking services in The Kingdom of Bahrain
with the inauguration of its first Islamic banking branch in Arad. The services, were
inaugurated by the members of AUB’s Shar’iah Advisory and Supervisory Board with senior
officials of the Bank in attendance.
The first two Al Hilal branches have been opened in Arad and Sanad, which will be closely
followed by other branches in other locations in the Kingdom.
AUB’s entry into the field of Islamic banking in Bahrain comes at an opportune time with the
rapidly expanding demand for Islamic banking services which is estimated to have grown at a
rate of 15 per cent per annum in recent years.
With the launch of Al Hilal Islamic Banking Services in Qatar and now in Bahrain, Al Hilal Islamic
Banking Services underlines AUB’s commitment to constantly improve its overall client experience
through the introduction of unique innovative retail and corporate banking initiatives.
In line with AUB’s vision for Islamic banking, the Manzil Home Purchase Plan team is committed to
providing continuing transparency in all its practices and procedures, in addition to offering
the client a service excellence that they can rely on.
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