Tag Archives: The UAE Banks Federation (UBF)

UBF Highlights Importance of Ijarah of Identified Tangible Assets’ Standard in Strengthening Islamic Finance

Abu Dhabi, Dubai, United Arab Emirates – 5 August 2025:

The UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, reaffirmed its full support for the efforts of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in promoting global transparency and credibility in Islamic banking and finance.

Continue reading UBF Highlights Importance of Ijarah of Identified Tangible Assets’ Standard in Strengthening Islamic Finance

During its participation in AIM Investment Summit

UBF: Smart Banking Empowers Future Economy

Abu Dhabi, United Arab Emirates, 9 April 2025:

The UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has emphasised the importance of continuing initiatives and efforts to advance smart banking services in order to build a future economy characterised by prosperity, resilience, financial inclusion, transparency, diversification, and sustainability.

Continue reading During its participation in AIM Investment Summit

UBF: Financing solutions strengthen UAE position as leading centre of international trade

Abu Dhabi, Dubai- UAE- 18 February 2025:

The UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, reaffirmed the UAE is strengthening its position as a leading center of international trade, and is leading the growth by keeping pace with the trends and developments witnessed by the global economy and accelerated technological developments.

Continue reading UBF: Financing solutions strengthen UAE position as leading centre of international trade

UBF: Launch of Sanadak a significant milestone in the development of financial services sector in UAE and MENA

Abu Dhabi, UAE- 11 March 2024:

The UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has reaffirmed that the launch of Sanadak, the first Ombudsman Unit catering to consumers of Licensed Financial Institutions and Insurance Companies in the Middle East and North Africa  (MENA)region, represent a major milestone to develop the financial service sector in the UAE and broader region, and will cement the UAE’s status as a leading financial and banking center, under the direct supervision of the Central Bank of the UAE.

Continue reading UBF: Launch of Sanadak a significant milestone in the development of financial services sector in UAE and MENA