ADIB Launches New ‘Mazaya’ Bundle Of Services - A First In The UAE Islamic Banking Industry

Press release
Published October 11th, 2021 - 12:19 GMT
ADIB Launches New ‘Mazaya’ Bundle Of Services - A First In The UAE Islamic Banking Industry
Abu Dhabi Islamic Bank
Highlights
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched a unique bundle of services for their customers.

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched a unique bundle of services for their customers. In a first for Islamic banking in the UAE, Mazaya incorporates a wide range of benefits across personal banking, wealth management, lifestyle, and travel services which customers can subscribe to based on a fixed monthly fee.

Mazaya is available for ADIB Mass and Rise customers, where customers are set to benefit from fast-track services at ADIB branches, fall below fee waiver, unlimited online international transfers, free number of transactions on any ATM machine, and much more.

Through Mazaya, customers will enjoy lifestyle benefits and experiences in dining and travel, as well as discounted fee on their tailored investment plans that fit their wealth management requirements “Khuttati-My Plan”, which provides customised savings and investment plans, as well as private equity products, low-risk structured products, third-party mutual funds, sukuk investment products, and alternative investments.

Saif Al Keem, Head of Priority Banking, Wealth Management and Liabilities at ADIB, said: “ADIB recognizes the distinctiveness of each of our clients. As such, we take time to thoroughly understand the financial objectives of our customers and provide them with bespoke banking solutions to help them achieve their goals. The launch of Mazaya and its bundled subscription package is our new initiative to raise the standard to better meet the needs of our personal banking customers who would like to benefit out from Mazaya bundle which cover banking and lifestyle benefits. This comes in line with our ADIB Wealth portal launched last month, specifically set up to provide a multi-channel platform for customers.”

ADIB is committed to be the leader in Islamic Banking and aims to consistently introduce new services to customers that will meet their specific investment needs. Mazaya is now active and available for ADIB customers in the UAE. 

Background Information

Abu Dhabi Islamic Bank

​ADIB is committed to being a responsible corporate citizen and to managing its business in a way that creates value for customers, shareholders, employees and the communities in which it operates.

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