November 25, 2024
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Al Hilal Bank to sell insurance unit

Al Hilal Bank sells insurance unit
Al Hilal Bank, a wholly-owned subsidiary of Abu Dhabi Commercial Bank (ADCB), has agreed to sell Al Hilal Takaful, its Islamic insurance business and operations, to Siraj Holding LLC. The transaction is expected to be completed during the first quarter of 2020, subject to the necessary regulatory approval. According to a statement released by ADCB, […]
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