Al Hilal Bank, a progressive Islamic bank based in Abu Dhabi, is clarifying that it has no connections at all with Al Hilal Exchange, a money transfer and currency exchange service provider which recently had its licensed revoked by the UAE Central bank.

Al Hilal Bank would like to inform its customers, partners, stakeholders and the general public that it is not involved with any of Al Hilal Exchange’s operations and that the similarity of their corporate names is merely coincidental. Al Hilal Bank is a separate and independent entity.

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