Islamic Finance
Uncategorized
The National Bank of Abu Dhabi and Abu Dhabi Islamic Ban execute first Islamic REPO
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, and Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, TODAY executed the GCC's first ever Islamic equivalent of the conventional Repo product, a collateralized Murabaha transaction, opening the gateway to an alternative method…
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