Islamic Finance
Mergers & Acquisitions
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Abu Dhabi's Al Hilal Bank sells its Islamic insurance subsidiary
Al Hilal Bank, a wholly-owned subsidiary of Abu Dhabi Commercial Bank (ADCB), has completed the sale of Al Hilal Takaful, its Islamic insurance subsidiary, to Siraj Holding. The divestment was driven by Al Hilal Bank’s strategic decision to focus on delivering “high-quality retail banking services, primarily through digital channels”, the…
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Click here to read the full story: Gulf News