07.08.2012 - ADIB is 1st UAE Islamic bank to launch 'instant finance'
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)