Abu Dhabi / WAM
Abu Dhabi Islamic Bank (Adib) received the e-Marketplace Champion Award for its excellence in digital adoption from blockchain-powered e-Marketplace TradeAssets.
With TradeAssets platform, Adib has secured 130 deals with total value of over $128 million till date and 11 banks from Bangladesh.
Abdulla Shehhi – Global Head International Business Group (IBG), at Adib, said, “Adib is at the cutting-edge of global transaction banking offering end-to-end Sharia’a-compliant trade financing through digital channels. Through the successful implementation of TradeAssets, Adib has demonstrated to the world its commitment to efficiency, productivity, innovation and leading the way business should be done in a digital world.â€
Sumit K Roy, Co-founder and Chief Marketing Officer of Fintech Innovations International DMCC, TradeAssets, said, “This award and certificate of excellence are presented to a member bank in recognition of its commitment to the adoption of digital processes that support global access and efficiency. ADIB, through its active usage of our e-marketplace for the last three years, has demonstrated that the banks with progressive and futuristic thinking can change the entire industry for the better.â€