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29 October, 2015

Islamic Finance House Opens a New Branch in Dubai

Islamic Finance House announced the opening of its second branch, ideally located in Dubai.

Islamic Finance House Opens a New Branch in Dubai
Abu Dhabi - 29 October 2015

Islamic Finance House Pvt.J.S.C (IFH) has announced the opening of its second branch, ideally located in the midst of Dubai, and at close proximity to both residents in Dubai and Sharjah. The opening ceremony was held under the patronage of H.E. Mohammed Ibrahim Al Shaibani, Director General of H.H. The Ruler's Court of Dubai and in the presence of Hamad Abdulla Rashed Al Shamsi, Chairman of the Board of Directors of Abu Dhabi Securities Exchange and Mohammed Abdulla Alqubaisi, Chairman of Finance House P.J.S.C.

Affirming its growth plans across the UAE, through its provision of a tailored and divergent array of Shari'a compliant financial products and services; Islamic Finance House is set on addressing the augmented demand on Sharia'a compliant investments, personal, as well as corporate financing; whilst focally placing its customers' experience at the forefront of its operations.

Hazem Ismail Elaggan, General Manager of Islamic Finance House said: "As set by Islamic Finance House, we seek to lead in customer preference, when it comes to Shari'a compliant funding; on both the personal and corporate frontiers in the UAE. Our aim is to encourage and promote an equally fostering environment specifically through providing Shari'a compliant facilitations to SME enterprises that are restricted in funding sources."

 "With such, we are committed to customizing our product offerings as per our customers' requirements; thus, creating unique financial instruments, supported by a highly dedicated and proficiently staffed team," exclaimed Elaggan.

The new branch is equipped to serving customers Saturday to Thursday between 8:00 am to 5:00 pm and catering to their needs through intricately designed Islamic financing product assemblies and matter servicing. Armed with a driven team of employees, IFH offers Shari'a compliant products encompassing Covered Cards, Personal, Corporate and SME Finance as well as Investments and Corporate Deposits.

IFH is a Private Joint Stock Company licensed by The Central Bank of the UAE, managed by a highly qualified team and monitored by an accredited Shari'a Supervisory Board appointed from the world's most renowned scholars associated with the Islamic banking industry. This expansion, collates its total number of branches to two; the main branch being in the UAE capital, Abu Dhabi and the second open for business starting today in the Emirate of Dubai.

-Ends-

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About Islamic Finance House
Licensed and regulated by the Central Bank of the UAE, Islamic Finance House PvtJSC is an Abu Dhabi-headquartered Islamic finance company and a leading provider of Shari'a compliant solutions and financial services to individuals and corporate commercial clients.

The principal activities of the Company are corporate deposits, commercial and personal finance, SME finance, financial services and investments.

IFH is monitored and guided by an accredited Shari'a supervisory board, comprising a group of notable scholars from the Islamic banking industry.

For further information, kindly contact:
Wissam Farran- Manager
Group Corporate Communications
Finance House PJSC
Tel: +971 2 6194893
Fax: +971 2 6315806
Email: wissam.f@fh.ae
www.ifh.ae

© Press Release 2015