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History

“Al Hilal” Islamic Bank” JSC (Al Hilal Bank) is the first Islamic bank in Kazakhstan and CIS region established in 2010 by intergovernmental agreement between Kazakhstan and UAE, with the mission of providing innovative banking products and services in accordance with the rules and principles of Sharia. 

In May 2019, Al Hilal Bank became part of one of the largest banking groups in the UAE – Abu Dhabi Commercial Bank Group (ADCB Group). ADCB Group is majority owned by the Abu Dhabi Investment Council, an investment arm of the Abu Dhabi Government.

ADCB Group is publicly listed on the Abu Dhabi Securities Exchange and has high investment-grade credit ratings from Fitch A+ and Standard & Poor's A.

Since it began operations in Kazakhstan, Al Hilal Bank has focused on the corporate sector, providing Islamic financing solutions to address the needs of large- and medium-sized businesses.

In 2017, after 7 years of successful operation with corporate customers, Al Hilal Bank launched Islamic banking products for individuals in Kazakhstan. It now provides a wide range of banking products and services: account, deposit, cash service, treasury, financing products through its branches in Almaty, Nur-Sultan, and Shymkent.