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Adib Brings Pioneering Cancer Cover For Female By Takaful

Abu Dhabi, 18th of October 2011: Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all its “Dana Women’s Banking” customers. ADIB Dana’s customers can benefit from “Dana Female Care Cover” plan through a simple underwriting process without the need for medical examinations. The scheme can be renewed upon the lapse of a policy year.

“ADIB Dana Cancer Takaful Plan” is a voluntary scheme that covers medical expenses for the first ever diagnosis of breast cancer. A customer will need to have passed the first 90 days after subscribing to the Takaful scheme without any cancer to be eligible for the cover. The subscriber will be entitled to cash compensation in case they are afflicted with breast cancer.

Commenting on the new offering, Nawal Al Bayari, Head of Women's Banking in ADIB said: “Our product strategy is to offer standalone products which are relevant to the needs of our customers. We aim to provide a voluntary medical cover for our female customers for this common and dreaded disease. With its growing awareness amongst ladies in the Middle East, such a cover would be very relevant and cost effective for concerned women.”

ADIB is an active participant in HAAD’s 2011 breast health campaign themed ‘Get Active and Simply Check.’ The campaign focuses on two main components, physical activity as a means to reduce risk of breast cancer and regular screenings to detect the disease early and assist healing.

About ADIB:

Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Emiri 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, on 18th April 1999.

ADIB's vision is to be a top-tier, global Islamic financial services group and its mission is to provide Islamic financial solutions to the global community.

The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari'a principles.

ADIB’s core values, reflected in all its activities are: Simple and Sensible; Transparent; Mutual Benefit; Hospitality and Tolerance; and Shari’a inspired. It brings to its customers banking as it should be.

ADIB – Awards:
1. ADIB was named the Best Overall Bank in the UAE in Customer service for 2011 by Ethos Consultancy.
2. ADIB won the Best Branch Award in the UAE for 2011 by Ethos Consultancy.
3. ADIB was named the Best Islamic Bank in the UAE for 2011  by Global Finance Magazine.
4. ADIB was named The Best Islamic Bank in the Middle East region for the second year running at the Banker Middle East Industry Awards 2011.
5. ADIB was nominated as Fastest Growing Bank in the UAE by the awards jury at the Banker Middle East Industry Awards 2011.
6. ADIB was named The Best Islamic Bank in the region in the Middle East at the Banker Middle East Industry Awards 2010
7. ADIB won the Best Islamic Bank in the region at the 2010 Islamic Banking and Finance Awards organized by CPI Financial.
8. ADIB was named Best Islamic Bank in the UAE at the Islamic Finance News Awards 2010.
9. ADIB won the Best Islamic Bank in the UAE by EMEA Finance.
10. ADIB won the Best UAE Deal award at the Islamic Finance News Awards 2010.
11. ADIB won the HRD Award from the Emirates Institute of Banking & Financial Studies in 2009.
12. ADIB’s GHINA Saving Program won the Best Savings Account Award at the Banker Middle East Product Awards 2010.
13. ADIB won the Best Private Sector Customer Service Team award at the 2010 UAE Customer Service Week forum, held by The International Customer Service Institute UK.
14. ADIB won Most Improved Bank in service excellence and got the top rank in Call Centre Performance in the 6th Annual Bank Benchmarking Index for service excellence by Ethos Consultancy.
15. ADIB won the award for Best Branding Category at the 2010 Islamic Banking and Finance Awards organized by CPI Financial.
16. ADIB won the Best SME Card at the 4th Annual Banker Middle East Product Awards 2011.
17. ADIB won the Best Ladies Banking Service at the 4th Annual Banker Middle East Product Awards 2011.

 
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