SIRAT evidence of Habib Bank AG Zurich’s commitment to Islamic Banking


Habib Bank AG Zurich celebrated the first anniversary of the launch of their global Islamic Banking brand “SIRAT” in the UAE.
On this occasion Jamal Alvi, Chief Executive Officer, UAE, Habib Bank AG Zurich, said Habib Bank AG Zurich’s Islamic Banking brand, SIRAT, was launched in UAE a year ago. The brand’s presence in one of the world’s leading markets for Islamic Banking & Finance is an integral part of the Bank’s overall strategy to become a key player in this rapidly growing and evolving sector. For HBZ, personalised customer service has always been a key strength and we continue to bring the same ethos to SIRAT.
We are confident that SIRAT will have a positive impact on UAE’s Islamic banking sector. We remain firmly committed to be the Trusted Partner to our customers, by fulfilling their evolving demands and to the UAE Government and its goal to make UAE the global centre for Islamic Banking.
We provide Islamic Banking products and services through prudently separated window operations at all eight branches across the UAE, while keeping in view Shari’ah and regulatory requirements. HBZ offer a wide range of products and services that are designed based on Shari’ah principles and approved by an independent Shari’ah Board, comprising of Sheikh Dr. Nedham MS Yaquby, Shari’ah Board Chairman, Prof. Jassem Alshamsi & Mufti Muhammad Najeeb Khan, Shari’ah Board Members of UAE. Following are the suite of Shari’ah compliant products and services, offered by our dedicated team of specialists:
As an international bank leading the way in 8 different countries including Muslim populated geographies in Asia, Africa and the Middle East, we have a unique insight for understanding our customer’s needs and delivering Shari’ah compliant solutions.—Agencies

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