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ADIB is 1st UAE Islamic bank to launch ‘instant finance’

Posted on 07 August 2012

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced today the launch of ADIB Instant Finance, a facility that adds finance facilities on to the ADIB EMV (chip)-enabled Debit and Covered card. ADIB is the 1st UAE Islamic bank - and among the 1st in the world - to offer such a quick installment based finance product.
A key feature of ADIB Instant Finance is the quick turnaround time that allows a transaction to be completed in a matter of minutes compared to the minimum three days required to approve regular financing facilities. (Press Release)

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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