From Bloomberg: Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest lender complying with Muslim banking rules, plans to offer wealth-management clients access to funds from Allianz SE, NCB Capital and HSBC Amanah.
The bank is trying to win a greater share of the wealth- management market in the U.A.E., which is home to more than 55,000 households with investible wealth of more than a $1 million, Malik Sarwar, head of ADIB’s wealth-management business, told reporters in Abu Dhabi today……………………………………….Full Article: Source