Ahli United Bank (AUB) is planning to expand its Sharia-compliant offering and open more Islamic branches in Bahrain on the back of the success of its Al Hilal Islamic
Banking Services.

The AUB Sharia board acknowledged the achievements of Al Hilal Islamic Banking Services and parised them for ensuring highest levels of compliance.

'We wish to acknowledge the efforts made by the Al Hilal Islamic Banking Division at AUB in going the extra mile to ensure that all contracts and financial products are in accordance with the principles of Sharia,' AUB Sharia board chairman Professor Ali Al Quradaghi.

Al Hilal currently provides a wide array of accounts and financing products through Al Hilal branches including personal finance, auto finance, home finance, current and investment accounts and aims at becoming a one-stop-shop for customers seeking comprehensive retail banking solutions.

'As a result of the growing demand for Islamic banking and the trust that customers have placed in Al Hilal products and services, AUB will be expanding its Islamic banking branch network in Bahrain,' said AUB deputy group chief executive Abdulla Al Raeesi.

The Sharia supervisory board for AUB's Al Hilal Islamic Banking Services  comprises prominent scholars from around the Middle East including Dr Fareed Hadi and Dr Abdul Aziz Qassar.-TradeArabia News Service