Abu Dhabi Islamic Bank (ADIB), a top tier Islamic financial services institution, signed an agreement with Dubai Education Zone to provide exclusive products and services to teachers and employees.

The agreement was signed at the premises of the Dubai Education Zone by Samih Awadhalla, Head of branches at ADIB, and Dr Ahmad Eid Al Mansouri, Director General of Dubai Education Zone.

Through the partnership, ADIB will launch dedicated services, products, offers and discounts tailored to the needs of those operating in the Dubai Education Zone. The bank will also look to deliver courses to educate working professionals in the Zone on the framework of Islamic banking.

The agreement will also see Dubai Education Zone give ADIB access to data of teachers to allow services to process more efficiently – essentially enabling a better banking experience.

The education sector is a key priority for ADIB as the partnership helps the bank support working professionals at the Dubai Education Zone by providing them with access to a range of services that meet their every banking need – right at their place of work.

Dr Ahmad Eid Al Mansouri, Director General of Dubai Education Zone, said: “This agreement will allow our staff to benefit from discounted banking services ranging from direct salary deposits, personal banking, as well as financing and insurance.”

Dubai Education Zone was established to develop educational outcomes that match government and market requirements by providing tailored training programmes for educational and administrative staff in schools and educational institutions, in cooperation with internationally recognised universities and colleges.

Abu Dhabi Islamic Bank (ADIB) was established on 20^th May 1997 as a Public Joint Stock Company following the Emiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11^th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan on 18^th April 1999. ADIB’s vision is to be a top-tier, global Islamic financial services group and its mission is to provide Islamic financial solutions to the global community. The Bank carries out all contracts, operations and transactions in accordance with Islamic Sharia principles. ADIB’s core values, reflected in all its activities are: Simple and Sensible; Transparent; Mutual Benefit; Hospitality and Tolerance; and sharia inspired. It brings to its customers banking as it should be.

*This press release was published on Zawya.com. Read the original press release here.