The bank "Abu-Dhabi First" received a principal approval for the provision of services of the fund "Abu-Dhabi First"...
The bank "Abu-Dhabi First" announced yesterday that it received a principal approval for the provision of services of the fund "Abu-Dhabi First" according to the alternative system of voluntary savings for the final reward for workers of private companies in the UAE. According to the bank, employees participating in the program can make basic or voluntary monthly contributions in the interests of the fund "Abu-Dhabi First" for the final reward from the names of their employees, taking into account the individual needs of each employee based on their requirements and risk levels. The savings program is part of the initiative of the Ministry of Human Resources and Emiratisation and was approved by the Financial Regulator. The asset management department of the bank "Abu-Dhabi First" was selected as a strategic partner of the Ministry of Human Resources and Emiratisation and the Financial Regulator for the implementation of the alternative system for final reward. The asset management department will present investment options, including traditional funds under professional management and funds, consistent with the principles of Islamic law, as well as specialized consultations from investment experts, to help the bank "Abu-Dhabi First" support companies in their efforts to increase the financial security of employees, as well as improve operational efficiency.
"Islamic Bank of Abu-Dhabi" announced the receipt of the award "Most Reliable Islamic Bank"...
