IslamicFinance.de

Abu Dhabi Islamic Bank (ADIB) is expected to see an increase in its wealth management portfolio, with more high net worth individuals set to start banking at ADIB, according to Daffer Luqman, the bank’s global head of liabilities and wealth management. Luqman said he did not see an impact of falling oil prices on their portfolio of high- and ultra-high net worth individuals. He added that the global financial crisis in 2008 has resulted in more people, including those with high net worth, to look into long-term savings as their financial situation is prone to change.