Amit Malhotra’s Post

I am pleased to announce ADIB’s latest product offering: the launch of the UAE's first global fractional Sukuk. This innovative solution significantly lowers the minimum subscription ticket from USD 200,000 to USD 1,000, making Sukuk investments accessible to a wider range of retail investors. By fractionalizing Sukuk, ADIB aligns with its #ADIB2035 vision to be the world's most innovative Islamic financial institution. We remain committed to driving innovation and empowering our customers to meet their financial goals. This latest offering underscores our dedication to providing cutting-edge financial solutions in a fully digitised manner. #ADIB2035 #Sukuk #IslamicFinance #Innovation #Retail #FinancialInclusion #DigitalTransformation

ADIB is proud to announce a major milestone in Islamic finance: we have become the first bank in the UAE to successfully test fractional Sukuks after receiving the initial approval from the Regulations Lab within the UAE government making Sukuk investing accessible to retail investors with a minimum investment of just $1,000! This innovative move has the potential to transform the way customers interact with Sukuk markets. Our dedication at ADIB is to offer innovative financial solutions that empower our customers. With fractional sukuks, we are opening up a new pathway to investing in this digital asset class, aligning with our #ADIB2035 vision to become the world’s most innovative Islamic bank. As part of our continued focus on innovation, we’re excited to bring more accessible, customer-centric investment options to the market, building on our partnership with FinTechs to enhance financial inclusion. And through this initiative, ADIB is enabling retail investors to tailor Sukuk portfolios with greater ease. Discover how ADIB’s fractional Sukuks could support your financial journey today. Learn more: https://lnkd.in/dDqSETJ8 #Sukuk #IslamicFinance #Innovation #Retail #ADIB

Proud to see ADIB leading the way in making Sukuk investments more accessible with our fractional Sukuk offering. This is not just a milestone in Islamic finance but a step toward democratizing access to digital assets as well. By opening up these opportunities, we’re supporting financial inclusion and bringing ADIB closer to its #ADIB2035 vision. Exciting times ahead for Islamic finance and digital asset innovation! #Sukuk #IslamicFinance #DigitalAssets #FinancialInclusion #Innovation #ADIB

Glad to see ADIB - Abu Dhabi Islamic Bank leading the way again in reshaping the future of Islamic finance. The world of finance is evolving rapidly, and one of the most exciting innovations is the rise of digital assets. By leveraging technology, these sukuk are breaking down the barriers to access new investment opportunities creating a more inclusive financial experience. #Financialinclusion #tokenized sukuk #Fintech #Innovation #DigitalAssets #islamic finance

In a groundbreaking partnership, ZLK Islamic Financial Services , Pakistan's top Shariah-compliant brokerage firm, has joined forces with Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of Dubai Islamic Bank UAE. This alliance, marked by a memorandum of understanding signed by DIBPL's CEO Junaid Ahmed and ZLK's Chairman Zahid Latif Khan, aims to broaden access to ethical, Riba-free investment opportunities. The collaboration will offer various Shariah-compliant financial products, including shares, Sukuk, and Murabaha Share Financing, highlighting both institutions' commitment to innovative Islamic banking solutions and promoting financial inclusion in Pakistan. ZLK Securities #IslamicFinance #ShariahCompliant #Investment #FinancialInclusion

In a groundbreaking partnership, ZLK Islamic Financial Services , Pakistan's top Shariah-compliant brokerage firm, has joined forces with Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of Dubai Islamic Bank UAE. This alliance, marked by a memorandum of understanding signed by DIBPL's CEO Junaid Ahmed and ZLK's Chairman Zahid Latif Khan, aims to broaden access to ethical, Riba-free investment opportunities. The collaboration will offer various Shariah-compliant financial products, including shares, Sukuk, and Murabaha Share Financing, highlighting both institutions' commitment to innovative Islamic banking solutions and promoting financial inclusion in Pakistan. ZLK Securities #IslamicFinance #ShariahCompliant #Investment #FinancialInclusion

I am happy to be a part of the advisory committee of the Islamic Fintech Forum. Leading a company dealing with climate software, my present focus is always on sustainability. Few notable points of the sector are below: “1. The asset value of the global Islamic finance sector in 2022 was $3tn, including banks, funds and insurance. 2. Encouraged by COP28 in the UAE in 2023, sustainable finance issuance in Islamic countries reached $22bn in 2023, more than doubling from $9bn the previous year. 3. Globally green and sustainable sukuk (sharia compliant bonds) could generate $30-50 billion towards the 17 SDGs by 2025.” Source: https://lnkd.in/eKhnzst9

ADIB - Abu Dhabi Islamic Bank has announced the successful testing of fractional Sukuk technology in a secure environment, making Sukuk investments more accessible to retail customers, on the 5th November 2024. The bank received initial approval for the trial from the UAE’s Regulations Lab, under the supervision of the Securities and Commodities Authority (SCA). ADIB is expected to become the first UAE bank to test the fractional Sukuk offering to retail investors. https://lnkd.in/gx4NUYcF #REDmoney #IFN #IslamicFinance #Finance #Fintech #FractionalSukuk #SukukInvestments #DigitalAssets #RetailInvestors #InvestmentInnovation #AccessibleInvesting #FinancialInclusion #SukukTechnology #InnovativeBanking #WealthManagement #PortfolioDiversification #SCA #ADIB #UAE

Arqaam Securities launches market making on Dubai Financial Market, enhancing liquidity and trading efficiency by leveraging its advanced technology infrastructure and deep market expertise. Arqaam Securities Market Maker estimates that in 2024 it can significantly contribute to growing the liquidity on the #DFM, by directly participating in about 3bn AED of traded value. #marketmaking #stockmarket #dubai #uae #dollar #aed #investment #capitalmarkets #volatility #growth #hiring #equities cc Khalifa Rabba Veselin Tilev Fadi Chamas Mostafa El Gamal

Islamic Finance News: 1. Abu Dhabi Islamic Bank digitizes cross-border services with Progress Soft (FinTech Futures, Feb 22). 2. ADIB shareholders approve $680million dividend, up to $5billion Sukuk, ZAWYA, Feb 29). 3. OIC markets key players in the global Islamic Fintech space (Salaam Gateway, Feb 16). 4. SC and USM Launch Varsity Hackathon for Students to Nurture Islamic Fintech Talent (Fintech News Malaysia, Feb 28). 5. Zakat Fair 2024 begins in Dhaka (The Business Standard, March 01). 6. Zakat contributions: SECP issues new accounting standards for NPOs (Business Recorder, Feb 28). 7. Saudi: Al Rajhi Takaful’s net profit soars 353% YoY in 2023 (ZAWYA, Feb 29).