Colors: Orange Color

Responding to the demand for its highly successful promotional platforms, Aafaq Islamic Finance, the leading institution in the financial sector for financial products and services compliant with the provisions of Islamic Sharia throughout the UAE and the region introduced six promotional platforms within the most prominent shopping centers in the UAE for its highly successful financial products and services.

Arab Bank Group reported net income after tax of $182.4 million as compared to $152.1 million for the same period last year, recording a growth of 20%. During the first quarter of 2021, Arab Bank consolidated the financial statements of Oman Arab Bank under its Group accounts increasing total assets by $8.2 billion to reach $63 billion compared to $51.6 billion for the same period last year. Oman Arab Bank has also recently finalized the acquisition of Al Izz Islamic Bank, a full-fledged Islamic bank, strengthening its presence in the Sultanate of Oman.

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