Abu Dhabi Islamic Bank Partners with Fintech Company to Launch Digital Platform for Auto Industry

United Arab Emirates (UAE)-based Abu Dhabi Islamic Bank (ADIB) has partnered with Drive Ninja, a UAE-based financial technology (fintech) company, to introduce a free-of-charge platform named ‘Turbo’ for the auto industry, as a part of its digitalisation strategy.

Why it Matters?

According to a company press release dated 6th of December 2021, Philip King, Global Head of Retail Banking of ADIB, stated that Turbo partners with key automobile dealers and service providers to cater to consumers’ car-related requirements in a centralised location. Meanwhile, Adam Whitnall, Co-Founder and Chief Executive Officer of Drive Ninja, stated that by using the support of digital tools and expansive networks, they would be able to provide more pla...