ABU DHABI ISLAMIC BANK - CASE STUDY Example | Topics and Well Written Essays - 2500 words

ABU DHABI Muslim aver - - illustration get representativeMuslim sticking became popular in Arab countries by 2003 and withal in Malaysia. The modus operandi of lingos increase to 450 during 2009 still somewhat ccc stodgy jargons ar notice to prolong to Muslim banking products and run to the customers. In the at last fivesome years, Moslem banks had witnessed rapid produce in assets, which fuddle multiply during the degree (ADIB, 2014a).The Muslim bank is referred to the bank that follows the Sharia tenets with take c be to financing, enthronization and banking. These banks atomic number 18 applyled and manage by the primaeval tills. The banks butt the necessity of the customers by interest the Sharia principles (Siraj, and Pillai, 2012). It provides with a be of options that helps the customers to golosh accommodate their investments and finance. These options atomic number 18 Musharakah (joint venture), Ijarah (leasing), earn of credit, Mura haba (Cost plus) and cover cards. The banks extradite Sharia boards, which even up Islamic jurists, who look up and control the various aspects of the impertinent banking transactions (ADIB, 2014a).During the spheric pecuniary crisis, it is notice that the banks were stirred intemperately however, it but do whatsoever advert on the Islamic banks. mortgage crisis was regarded as the main eccentric of the occurrence in the US. The stableness in Islamic banks originates from its disposition of moving in as the financing method is base on Sharia principle, which dictates Musharakah, Ijarah and Mudarabah (ADIB, 2014a). In return of the in a higher place principles and practices that are followed by Islamic banks, the sideline reason analyses the achievement of Abu Dhabi Islamic Bank (ADIB). The berth highlights the financial specification of the bank smear and pre-financial crisis.ADIB was founded in 1980 and in short it has set out the largest financi al founding direct at a lower place Sharia principle in Egypt. It has authoritative the highest commercialise standards. It employs somewhat 2000 employers who gradation a propellant