Author: Dalia Farouk
Abu Dhabi Islamic Bank (ADIB) has officially launched its new Fractional Sukuk Platform, an innovative digital investment solution that allows customers to buy and trade Sharia-compliant sukuk starting from just $1,000, directly through the bank’s mobile app. This marks a global milestone, positioning ADIB as the first bank worldwide to offer fractional sukuk investment to individual investors. The platform dramatically lowers the traditional entry threshold of $200,000 and opens access to fixed-income Islamic instruments that were previously reserved for institutions and high-net-worth individuals. The platform offers a fully digital investment experience, including investor registration, strategy evaluation, access to suitable sukuk…
The UAE Cabinet has approved the establishment of a Global Center of Excellence for Cybersecurity in Abu Dhabi, in collaboration with global tech giant Google; a move that underscores the UAE’s ongoing commitment to digital transformation and cybersecurity enhancement. This initiative reflects the country’s commitment to keeping pace with rapid technological advancements and its efforts to establish a secure and advanced digital ecosystem that aligns with global developments, while providing a trusted environment for businesses and institutions across all sectors. The announcement follows the official visit of Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and UAE…