Invest Bank has received approval from the Central Bank of the UAE to launch an Islamic banking window, enabling it to offer sharia-compliant products and services to individuals and businesses.

Edris Al-Rafi, CEO of Invest Bank, said the move supports the bank’s strategy to expand its service portfolio while aligning with community values.

The bank has duly disclosed the approval to the Abu Dhabi Securities Exchange (ADX) and said the decision reflects regulatory confidence in its ability to provide inclusive and responsible financial services.

The development follows a period of improving financial performance. Invest Bank returned to profitability in the first half of 2025, reporting total income of AED145.6m ($39.6m), up 5% year-on-year. Total assets rose 11% to AED12.3bn, supported by a 32% increase in loans and advances to AED5.7bn.

As part of its digital strategy, the bank is also developing a new mobile banking app to enhance customer experience and support future growth.