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Article: ADIB launches Sharia-compliant card.

Article from:
Gulf News (United Arab Emirates)
Article date:
May 6, 2009
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Abu Dhabi: Islamic Bank (ADIB) has launched on Tuesday a new Sharia compliant covered card for small to medium-sized enterprises (SMEs). A covered card is the Sharia-compliant equivalent to credit card.

Offered in Platinum and Gold versions, the Visa card, which is the first of its kind in the UAE, provides SME clients with a line of finance up to Dh250, 000.

The board of directors of Abu Dhabi Ship Building will meet on Wednesday at 6pm. The agenda of this meeting includes the discussion and approval of the financials for the first quarter in 2009.

United Insurance Company's Board meeting will be held at 6pm on Sunday, May 10, at Al Bustan ...

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