Abu Dhabi Commercial Bank partners with Taaleem to extend Sharia compliant education payment loans for students
- United Arab Emirates: Wednesday, April 13 - 2011 at 15:05
- PRESS RELEASE
Abu Dhabi Commercial Bank (ADCB) has recently signed an agreement with Taaleem, a education provider, to offer extended payment loans to students.
ADCB constantly endeavours to further educational development in Abu Dhabi and the UAE as a whole, in order to embody the leadership and vision of H. H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE. ADCB supports each student from the earliest stages of their education right through to becoming educated professionals.
Mr. Amr Al Menhali, Head of the Islamic Banking Division at ADCB, said, "The strategic partnership with Taaleem will encourage and support education at one of the most renowned educational institutes in the UAE, giving Taaleem's students the funding to really pursue their educational goals. ADCB has always identified education as a prime driver for economic development in the region and we are proud to be able to develop this further through this partnership."
Anyone seeking further information can find details on the ADCB and Taaleem websites or contact the school's admissions offices.
The ADCB Education Loan is a key driver of sustainable education across the region, providing participants residing in the UAE with the financial aid needed to pursue their career goals.
Repayment of the loan can be distributed over a period of a minimum of six months to a maximum of 12 months. The ADCB Education Loan is offered without the commitment of a salary transfer and at competitive profit rates.
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