The National Bank of Umm Al Qaiwain was established in 1982 by the ruler of UAQ Emirate. The local government owns majority share while the remainder is held by UAE nationals and institutions.
Our branch network comprises sixteen outlets spread over seven emirates – Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Qaiwain, Fujairah and Ras Al-Khaimah. Currently, the bank offers retail and corporate banking services to its customer base. While restructuring its organizational structure, NBQ is in continuous process of strengthening its operations and upgrading its technology base.
National Bank of Umm Al Qaiwain:
King Faisal Street
P.O.Box 800
Umm Al Qaiwain
United Arab Emirates
Fax: (9716) 7646841
Just 40 years ago, Dubai was simply a trading post at the mouth of the creek, without electricity, piped water or paved roads. As the finest natural creek in the Gulf, its trading history could be traced back almost 600 years. Fleets of merchant dhows lined its banks and sailed far and wide to earn rich rewards from their dealings in silk, spices, pearls and gold. But the discovery of oil, or black gold, was to launch Dubai to the future.
As the first oil platform was towed out to sea from the creek, the waters began to reflect more than ancient wind towers. The business that would create a city within a few years had begun to gather pace.
At this time of growing prosperity, a leading group of merchants including Ali Bin Abdullah Al Owais, the father of the late Chairman of the Bank, Sultan Ali Al Owais approached the Ruler of Dubai, His Highness Sheikh Rashid Bin Saeed Al Maktoum, to discuss forming the first national bank. This played a vital role in developing Dubai into a leading business centre.
National Bank of Dubai:
King Faisal Road, Al Raas, Umm Al Quwain
Landmark : Opposite Umm Al Quwain Hospital
P.O.Box : 22, Umm Al Quwain
Tel : 06-7656152
Emirates Islamic Bank was launched in 2004 to provide high quality Islamic banking services across the UAE. We offer a range of Shari’a compliant products and services conforming to the highest standards of Islamic finance and all our activities are overseen by a Shari’a board comprising several prestigious scholars of Islamic law.
Our desire to conform to all aspects of Shari’a means that we do things differently from conventional banks. We don’t charge or pay interest, and we seek to avoid uncertainty in our transactions. Instead of conventional credit facilities like loans and overdrafts, we use Islamic financing methods such as Murabaha, Ijarah and Salam. Instead of paying interest on savings accounts or investing our customer’s money in interest paying funds, we use Islamic profit-sharing structures and Islamic investment funds. Many of our products are different from those offered by other banks and you can always expect the highest levels of service from Emirates Islamic Bank.
Emirates Islamic Bank:
Ground Floor, Sheikh Abdullah Ahmed Al Mualla Building,
King Faisal Road, Umm Al Quwain
Landmark : Near Umm Al Quwain Museum
P.O.Box : 315, Umm Al Quwain
Tel : 06-7656050
Dubai Islamic Bank has the unique distinction of being the world’s first fully-fledged Islamic bank, a pioneering institution that has combined the best of traditional Islamic values with the technology and innovation that characterize the best of modern banking. Since its formation in 1975, Dubai Islamic Bank has established itself as the undisputed leader in its field, setting the standards for others to follow as the trend towards Islamic banking gathers momentum in the Arab world and internationally.
Islamic banking and finance is now one of the world’s fastest-growing economic sectors that comprise more than 400 institutions with assets under management in excess of US$ 1 trillion (US$1,000 billion).
In this context, the role of Dubai Islamic Bank is even more impressive. Yet, the bank remains true to its roots as a customer-centered organisation where close personal service and understanding form the basis of all its relationships. Tradition and heritage join with a commitment to flexibility, innovation and modernity, so that customers of every nature are provided with comprehensive solutions to all their financial needs.
Dubai Islamic Bank:
Ground Floor, Al Zarooni Complex
Faisal Road, Al Haditha, Umm Al Quwain
Landmark : Near ADNOC Petrol Station
P.O.Box : 799, Umm Al Quwain
Tel : 06-7666630
We pursue a clear goal in regular dialogue with our customers: Making good use of opportunities together. We listen carefully to what our customers need, and know how they can get it. We explain clearly to the our customers what creative solutions could look like, and have them ready. Our customers can choose at their own discretion which of the solutions suits them best – with the security offered by a successful big bank.
The bank has a wide portfolio of customer focused services in the retail and commercial banking range from Personal Accounts, Credit Cards, Car Finance, Personal loans, Housing Loans to Commercial, Real Estate and Project Finance Loans in addition to the Trade Finance which is performed through well established mutual correspondent relationship with most of the leading banks and financial institutions over the world.
Commercial Bank International:
Shaikh Zayed street
PO Box 4240 Umm Al Qaiwain
Telephone 06 7666050
Telefax 06 7666053
Abu Dhabi Islamic Bank was established on 20th May 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, UAE Minister of Information and Culture on 18th April 1999.
All contracts, operations and transactions are carried out in accordance with Islamic Shari’a principles. ADIB commenced its operations with a paid-up capital of One Billion Dirhams divided into hundred million shares, the value of each share being ten dirhams. The shares are quoted on the Abu Dhabi Securities Market.
Abu Dhabi Islamic Bank:
Ground & 1st Floor, Brooj Building,
King Faisal Road, Industrial Area, Umm Al Quwain
Landmark : Near Travel Centre
P.O.Box : 2500, Umm Al Quwain
Tel : 06-7646644
The National Bank of Abu Dhabi (NBAD), The Number One Bank in UAE, was incorporated in 1968. NBAD has a network of more than 80 branches in the UAE in addition to cash offices that are spread out at remote locations to provide banking services to customers stationed at offshore oil operations and in desert locations as well as other government organizations.
The branch network is widened further with more than 260 ATMs through which customers perform a variety of transactions.
Besides brick & mortar branches, NBAD provides 24 hour internet banking accessibility through NbadOnline and NbadDirect, as well as account access and personalized customer support through the 24-hour Call Centre.
NBAD’s overseas network stretches from Oman, Kuwait and Bahrain in the G.C.C., Egypt, Libya, and Sudan in Africa, London, Paris, and Geneva in Europe to Washington D.C. in the U.S.A. The bank has an overseas branch network of 43 branches and 58 ATMs.
The bank provides its customers with a wide variety of financial services targeting all segments of the consumer and corporate market in addition to Fund Management, Brokerage, Financial Markets, Leasing, Property Management businesses and Private Banking.
National Bank of Abu Dhabi:
Umm Al Quwain Tower, 205 Al Hamra
Tel: 06/7660033
Fax 06/7667577