UK: Europe Arab Bank (EAB) has announced the launch of its Shariah compliant financial solutions.
Najib Al Aswad, the managing partner at Shariah Audit Group, having led the establishment of the bank’s Shariah governance framework, said the offerings include Islamic current and fixed-term deposit accounts, now available to private banking and corporate clients. He added that EAB also plans to introduce Shariah compliant property finance and investment products soon.