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Islamic Finance Briefing - Categorized | Banking, Funds, Market Moves more

ADCB forms new alliance with Zakat Fund

Posted on 25 October 2010

Abu Dhabi Commercial Bank (ADCB) announced today that a MoU has been signed with Zakat Fund, to enable ADCB customers, for the first time, to contribute to zakat through electronic channels.
In addition to financing the cost of all technical systems and support, ADCB will develop the new IT infrastructure necessary for collecting zakat on behalf of the fund by displaying a Zakat Fund icon on the Bank’s customer service electronic channels identifying this unique service……………………………………….Full Press Release: Source

 
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