First Gulf Bank, the second-largest lender by market value in the UAE, said on Saturday it had acquired full ownership of an Islamic finance company as it expands its sharia-complaint operations globally.
FGB raised its ownership
Aseel Finance has opened a new branch in Abu Dhabi in Al Bateen area, the company said in a statement.
“This new branch symbolises the continued community presence of Aseel,” said Aseel Retail Business head Javed Afzal. “Since its launch