Islamic Financial Services

Abu Dhabi’s sharia-compliant finance sector, traditionally led by its Islamic banking industry, has expanded to include an increasing array of activities in areas such as insurance offerings and asset management. An environment of low oil prices has put pressure on margins in 2016 but, with nearly a quarter of assets in the UAE held by sharia-compliant institutions, the industry is firmly entrenched and well positioned to take advantage of growth opportunities as they arise.

This chapter contains an interview with Tirad Al Mahmoud, CEO, Abu Dhabi Islamic Bank.