“Can a UAE Islamic bank build a fully digital, Shari'a-compliant financial platform—spanning BNPL, open finance, SME lending, and Takaful—within the CBUAE's emerging open banking framework?”
Abu Dhabi Islamic Bank is a Shari'a-compliant full-service bank licensed by the Central Bank of the UAE. It has progressively expanded its digital capabilities, launching a mobile-first BNPL product and adopting Mastercard Installments for its merchant acquiring arm (ADIMAC). ADIB is now participating in the UAE's Open Finance regulatory framework under CBUAE regulations, positioning itself as a data-sharing LFI (Licensed Financial Institution) within the UAE open banking ecosystem.