NIB meaning in Business ?

Answer: What is Noor Islamic Bank mean?

Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai - United Arab Emirates.

In 2018, the bank was ranked the 11th largest bank in the UAE in terms of asset size.

Noor Bank is a full-service Shari’a-compliant bank, offering a range of products and services - in corporate and personal banking, wealth management, Takaful (Islamic insurance), treasury and trading. It has presence across the country, at multiple locations in Abu Dhabi, Dubai, Sharjah and Al Ain.

In addition to the Board of Directors, Noor Bank is also supervised by a Shari’a Supervisory Committee, and a team of scholars oversee and ensure Islamic compliance on all legal documentations, financial, products, services and banking matters.

reference

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