Though our partnerships with Islamic banks and financial institutions, operating in the region, including fintech investments, we are providing advanced digital banking services with careful consideration to customers’ lifestyles and preferences, said Al Merhebi.
The bank offers options that include integrating apps into leading payment gateways, and offer multiple accounts in foreign currencies that can be linked to a single card. Customers can transfer money between these accounts without transfer fees. These accounts are set up in accordance with Islamic law, and all current accounts are without interest, but they provide services and sukuk without minimum daily restrictions. All earned profits are calculated daily and paid monthly.
Another digital bank - Rizq/Baraka - is going live in UAE, but based on Sharia gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
UAE’s game-changing laws to fuel property market recovery
DUBAI, February 10, 2021 The UAE’s series of game-changing regulatory amendments – from providing Emirati citizenship and golden visas to investors and select expats to allowing 100% ownership of businesses for foreign nationals – will significantly fuel the recovery and growth of the country’s property market, according to Lootah Real Estate Development (LRED), one of the region’s most prominent real estate developers. In its Industry Insights Report, LRED has highlighted top 7 drivers that will propel the real estate sector’s recovery from the effects of the pandemic this 2021. In addition to the sweeping changes in citizenship and immigration rules, LRED’s in-depth analysis underlined the landmark signing of the Abraham Accords, the extensive national vaccination programme, the gradual resumption of tourism activities, the progress in the highly-anticipated Expo 2020 Dubai, the changes in
UAE: 7 Drivers of Real Estate Recovery in 2021 albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.