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ADIB becomes first Islamic bank to launch Open Finance

Abu Dhabi Islamic Bank (ADIB) has launched Open Finance, advancing the UAE’s Vision 2035 and marking a significant step in the country’s Open Finance journey under the Central Bank of the UAE’s initiative.

ADIB is among the first banks in the UAE to introduce Open Finance, reflecting its focus on improving customer experience through digital innovation and partnerships.

The move is expected to open up new opportunities for customers to access and manage financial services more easily, supporting the Central Bank’s broader strategy to enhance the nation’s digital financial ecosystem. The launch positions ADIB as an early adopter of the framework, with the bank viewing Open Finance as both a regulatory milestone and a strategic opportunity to strengthen its service offering and digital capabilities.

Gulf Economist Staff Writer