Abu Dhabi Islamic Bank (ADIB) has teamed up with IFZA, Dubai’s most dynamic free zone community, to provide seamless support and innovative financial solutions to businesses within the IFZA ecosystem.
The partnership reinforces a shared commitment of both companies to provide quick and convenient access to digital banking services and financial solutions, support entrepreneurs and foster economic growth in the UAE.
The deal allows companies incorporated within the IFZA ecosystem to gain access to ADIB’s banking services, including streamlined account opening processes, exclusive financing options, and personalised advisory support, enabling them to thrive in the UAE’s dynamic business environment.
Through the partnership, trade licence holders within the IFZA will have access to ADIB’s diverse range of business banking products and services, including a wide selection of business accounts packed with great features and benefits, as well as a complete suite of bespoke digital banking solutions that have been tailored to meet the unique needs of SMEs.
“We are committed to supporting the UAE’s entrepreneurial ecosystem by offering innovative and Sharia-compliant financial solutions tailored to the needs of businesses. The partnership with IFZA underscores our dedication to simplifying banking processes and empowering businesses with the tools they need to thrive,” said Amit Malhotra, Global Head of Retail Banking at ADIB.
The partnership aims to streamline business processes for IFZA license holders by accelerating account setup and simplifying documentation requirements. It offers customised financing solutions tailored to the unique needs of businesses, supported by dedicated teams providing strategic insights to navigate the financial landscape effectively.
With the UAE continuing to attract global investors and entrepreneurs, partnerships such as the one between ADIB and IFZA play a critical role in strengthening the country’s position as a leading business destination. By combining IFZA’s robust free zone infrastructure with ADIB’s financial expertise, the collaboration aims to provide businesses with the tools they need to grow and succeed.
