Latest news with #AmitMalhotra
Zawya
13-05-2025
- Business
- Zawya
ADIB to showcase Islamic fintech innovation at Dubai Fintech Summit 2025
Abu Dhabi, UAE – Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, will participate as a Diamond Sponsor at Dubai Fintech Summit 2025, showcasing its commitment to redefining ethical finance through digital innovation, AI, and Sharia-compliant fintech. As part of its presence at the Summit, ADIB will contribute to two strategic panel discussions that highlight its leadership in digital banking and applied technology. Amit Malhotra, Global Head of Retail Banking, will join regional executives to explore the evolution of customer-centric retail banking. Fernando Plaza, Group Chief Digital Officer, will engage global peers on how AI is driving the next generation of operational agility and personalised financial services. At its dedicated booth, ADIB will present a series of innovation showcases, including ADIB Ventures, immersive Spatial Banking experiences using Apple Vision Pro, and an interactive AI-powered Robot Arm. These experiences reflect ADIB's focus on developing practical, secure, and inclusive solutions in collaboration with fintech partners and ecosystem players. ADIB's participation at the Dubai Fintech Summit reinforces its position as a leader in Sharia-compliant digital banking. Guided by Vision 2035, the bank is investing in scalable technologies such as AI, open banking, and spatial computing to enhance operational efficiency, deliver more personalised customer experiences, and expand access to ethical financial services. Through its partnerships with fintechs and regulators, ADIB is building a future-ready banking model that balances innovation with trust and compliance. About ADIB ADIB is a leading bank in the UAE with AED 244 billion in assets. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides Retail, Corporate, Business, Private Banking and Wealth Management Solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX). ADIB has a strong presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, and Iraq. Named World's Best Islamic Bank by The Financial Times - The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Emirates airlines, Etihad and Etisalat and a wide range of financing products. For media information, please visit or contact: ADIB Edelman Lamia Khaled Hariz Simon Hailes Head of Public Affairs Director of Financial Communications
Zawya
18-04-2025
- Business
- Zawya
ADIB launches Cardless Cash Withdrawal via Mobile App
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched the new Cardless Cash Withdrawal feature through the ADIB Mobile App, allowing customers to withdraw cash from ADIB ATM without the need for a physical debit card and quickly and securely send cash to friends and family, including non-ADIB customers, through any of ADIB's 500-plus ATMs. The new service is part of the bank's commitment to delivering convenient and accessible banking experiences through ongoing digital innovation. This feature enables customers to access cash for themselves or send money using only their mobile phones. The experience is fully digital and designed for ease of use, offering a fast and secure way to access cash. Customers or recipients receive a one-time Collection Code via SMS or in-app notification, which can be used at any ADIB ATM to withdraw the specified amount within a two-hour window. They can also send money to a UAE mobile phone using the payments functionality on the Transfers services by choosing the cardless cash option on the mobile app. Amit Malhotra, Global Head of Retail Banking at ADIB said: 'While cardless withdrawal are not new to the industry, our priority has always been to deliver solutions that meet the highest standards of security and safety. This feature was designed to offer a safer, more controlled way to access cash. For ADIB, it is not just about keeping up with technology, it is about delivering innovations that truly serve our customers' needs.' The launch of Cardless Cash Withdrawal reflects ADIB's broader strategy to enhance mobile banking functionality as part of its 2035 Vision. This long-term roadmap focuses on pioneering new technologies, including Gen AI and advanced digital features, to create seamless and personalised experiences for customers. The Cardless Cash Withdrawal feature adds to ADIB's growing portfolio of digital banking services aimed at enhancing convenience, improving access, and reducing reliance on physical tools or branch visits. As part of its Vision 2035, ADIB continues to explore and implement secure, customer-first innovations that reflect the bank's commitment to excellence and growth.
Al Bawaba
20-02-2025
- Business
- Al Bawaba
ADIB Opens Next-Generation Universal branch in Dubai, redefining customer experience and embracing Digital transformation as part of vision 2035
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the UAE, has announced the opening of its latest flagship branch at The Village Mall, Jumeirah 1 in Dubai. This branch known as' Second of December branch', will be the ADIB's 18th branch in Dubai and Northern Emirates and is part of ADIB's strategic expansion plan in Dubai. The full-service branch is designed to deliver an enhanced and seamless banking experience, catering to a wide range of customer needs. It featured a dedicated Business Banking Centre and Priority Banking Area, providing personalised support to high value customers and businesses. The branch is also equipped with a state-of-the-art 24/7 self-service area, which includes two Cash and Cheque Deposit Machines (CCDMs) for added convenience. Strategically located for maximum accessibility, the branch offers two private entrances for easy access from both inside and outside the mall, , providing customers with direct and convenient access. Operating hours are Monday to Saturday from 8 AM to 2 PM, and Fridays from 8 AM to 12 PM. Commenting on the opening of the branch, Amit Malhotra, Global Head of Retail Banking at ADIB, commented: "The launch of our Second of December Branch reflects ADIB's ongoing commitment to making banking more accessible, innovative, and convenient for our customers. This new branch combines advanced technology with personalized financial services, ensuring a seamless banking experience while reinforcing our presence in Dubai.' Ahmad Ateeq Al Dhaheri, Head of Branch Network at ADIB, added: "Our continued expansion is a testament to our customer-first approach. The Second of December Branch brings together physical branch convenience with advanced digital solutions, offering our customers multiple service options tailored to their financial needs.' This expansion aligns with ADIB's broader strategy to strengthen its branch network and increase accessibility across the UAE. By integrating innovative self-service solutions with in-person banking expertise, ADIB continues to redefine customer-centric Islamic banking.
Zawya
19-02-2025
- Business
- Zawya
ADIB opens next-generation universal branch in Dubai
ADIB strengths presence in Dubai and Northern Emirates with 18 branches New branch caters to priority customers via Priority Banking area Business banking customers can access ADIB's suite of business banking solutions to unlock growth opportunities UAE, Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the UAE, has announced the opening of its latest flagship branch at The Village Mall, Jumeirah 1 in Dubai. This branch known as' Second of December branch', will be the ADIB's 18th branch in Dubai and Northern Emirates and is part of ADIB's strategic expansion plan in Dubai. The full-service branch is designed to deliver an enhanced and seamless banking experience, catering to a wide range of customer needs. It featured a dedicated Business Banking Centre and Priority Banking Area, providing personalised support to high value customers and businesses. The branch is also equipped with a state-of-the-art 24/7 self-service area, which includes two Cash and Cheque Deposit Machines (CCDMs) for added convenience. Strategically located for maximum accessibility, the branch offers two private entrances for easy access from both inside and outside the mall, , providing customers with direct and convenient access. Operating hours are Monday to Saturday from 8 AM to 2 PM, and Fridays from 8 AM to 12 PM. Commenting on the opening of the branch, Amit Malhotra, Global Head of Retail Banking at ADIB, commented: "The launch of our Second of December Branch reflects ADIB's ongoing commitment to making banking more accessible, innovative, and convenient for our customers. This new branch combines advanced technology with personalized financial services, ensuring a seamless banking experience while reinforcing our presence in Dubai.' Ahmad Ateeq Al Dhaheri, Head of Branch Network at ADIB, added: "Our continued expansion is a testament to our customer-first approach. The Second of December Branch brings together physical branch convenience with advanced digital solutions, offering our customers multiple service options tailored to their financial needs.' This expansion aligns with ADIB's broader strategy to strengthen its branch network and increase accessibility across the UAE. By integrating innovative self-service solutions with in-person banking expertise, ADIB continues to redefine customer-centric Islamic banking. -Ends- About ADIB ADIB is a leading bank in the UAE with AED 226 billion in assets. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides Retail, Corporate, Business, Private Banking and Wealth Management Solutions. The bank was established in 1997, and its shares are traded on the Abu Dhabi Securities Exchange (ADX). ADIB has a strong presence in five strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, and Iraq. Named World's Best Islamic Bank by The Financial Times - The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Emirates airlines, Etihad and Etisalat and a wide range of financing products. For media information, please visit or contact: ADIB Edelman Lamia Khaled Hariz Simon Hailes Head of Public Affairs Director of Financial Communications
