Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has partnered with QUALCO, a global provider of fintech solutions, to enhance its Sharia-compliant Supply Chain Finance (SCF) offering. This collaboration expands ADIB’s digital banking capabilities, reinforcing its position as a key provider of Islamic banking solutions in the region.
Through this partnership, ADIB has integrated QUALCO’s ProximaPlus, Tesla Radius, and Onboarding modules into its Supply Chain Finance platform. The fully digitised solution automates processes, improves transaction transparency, and enhances operational efficiency for both suppliers and buyers. The platform is designed to accommodate a range of Islamic financing structures, ensuring flexibility while upholding the principles of Sharia-compliant finance.
Commenting on the partnership, Mohammed AlFahim, Acting Global Head of Wholesale Banking at ADIB, said:
“As demand for Sharia-compliant financial solutions continues to grow, ADIB remains committed to delivering innovative, ethical, and efficient services to businesses across the region. Our partnership with QUALCO is a significant step forward, allowing us to offer fully digitised banking solutions that support liquidity, drive business growth, and contribute to the advancement of Islamic finance.”
Spyros Retzekas, Group Deputy CEO at Qualco Group, added:
“As Islamic finance expands, forward-thinking banks are turning to digital solutions to raise the bar on efficiency and compliance. The key challenge remains balancing Sharia integrity with operational agility—where technology is essential. Our platform powers next-generation SCF infrastructure for leading institutions across the region. Partnerships like the one with ADIB showcase how technology can position Islamic banks at the forefront of innovation in the GCC.”
The partnership underscores ADIB’s ongoing commitment to enhancing its digital services, supporting the UAE’s vision for financial innovation, and delivering Sharia-compliant solutions that meet the evolving needs of businesses in the region.
About QUALCO
QUALCO delivers advanced software solutions that empower businesses to navigate the complexities of the credit and lending landscape, including supply chain finance, while maintaining compliance with industry and regulatory standards. Spanning the entire credit value chain, QUALCO harnesses advanced analytics and digital innovation to optimise operations, elevate customer experience, and equip financial institutions with the agility to scale efficiently and achieve sustainable growth in a digital-first world.
About ADIB
ADIB is a leading bank in the UAE with AED 226 billion in assets. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides Retail, Corporate, Business, Private Banking and Wealth Management Solutions. The bank was established in 1997, and its shares are traded on the Abu Dhabi Securities Exchange (ADX).
ADIB has a strong presence in five strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, and Iraq.
Named World’s Best Islamic Bank by The Financial Times - The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Emirates airlines, Etihad and Etisalat and a wide range of financing products.
