Barwa Bank, a Qatar-based Shariah compliant banking service provider, has opened a new representative office in Dubai International Financial Centre (DIFC).
Khalid Al Subeai, acting CEO at Barwa Bank said that new office will develop the Shariah-compliant financial market outside as well as within Qatar.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
In addition, the new representative office will strengthen existing relationships and enhances the level of services it offers.
Keith Bradley, Group COO & GM International, Barwa Bank said: "Barwa Bank has been providing facilities to public and private sector companies in the UAE for three years now.
Jeffrey Singer, CEO of DIFC Authority, said: "In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai is well-positioned to become a hub for Islamic finance, and we look forward to supporting the growth of businesses such as Barwa Bank, who are looking to expand their Shari’ah compliant offering across the wider region."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
