IslamicFinance.de

Noor Bank has launched Noor Art Online Gallery, a new digital portal showcasing artworks from a range of galleries and artists in the region and around the world. Designed to display diverse genres of art, specially curated for Noor Wealth clients, the Noor Art Online Gallery aims to serve as a bridge to connect artists and high-net-worth individuals. The bank stated that the works are available for online credit card purchase by clients around the world and will be delivered to their doorstep. Noor Bank's Head of Retail Banking Mufazzal Kajiji said that art acquisition was a key area of interest and this platform would add value to the customer journey, as well as promote art and culture in the UAE.

Noor Bank has launched Noor Wealth, a Shari’ah-compliant platform offering tailored product mixes. Noor Wealth targets customers with a minimum of AED 367,300 of assets under management or a minimum salary of AED 50,000. The bank offers mutual funds among other 10 lenders in the GCC and it also offers access to fixed-income products through its Sukuk platform and Islamic structured products. Noor Wealth collaborates with Knight Frank to offer global physical real estate services for its customers. Mufazzal Kajiji, Head of Retail Banking at Noor Bank, said that Noor Wealth currently serves clients from 10 countries and is in the process of expanding.