Spot gold was trading at $2,384.14 per ounce at 9.25 am UAE time, up 0.17 per cent
Customers eligible will be contacted by SMS with the postponement made automatically, the bank said in an announcement.
The offer is valid for instalments due between Mat 1-31, 2019. Customers are free to opt out, should they wish to continue making instalment payments.
Philip King, Global Head of Retail at ADIB, said, "Addressing our customers' needs and exceeding their expectations has always been at the core of what we do at ADIB. This holy month, we will offer our personal finance customers flexible payments as we are mindful of the high spending needs. We continue striving to provide our customers with high-end products and customized services that aid them in managing their financials efficiently and through a seamless experience."
The unit works with customers to develop tailored debt management plans and offers them guidance on reducing debt and managing their financial obligations. In order to qualify for postponement, customers must be up-to-date with their payments, having paid more than three previous instalments and must have a salary-transfer arrangement in place with the bank. There is no fee associated with the offer.
Spot gold was trading at $2,384.14 per ounce at 9.25 am UAE time, up 0.17 per cent
Passengers already in Dubai and in transit will continue to be processed for their flights, the airlines said
The airline also suspended flights to Iran amid reports of an Israeli strike
Expect fair to partly cloudy conditions today with chances of fog and mist formation in some areas
Iran fired air defense batteries after reports of explosions near a major airbase at the city of Isfahan
Other requests include residents seeking assistance with cleaning mud accumulation, restoring damaged furniture
Many students wade through waist-deep water to head to neighbour's house for online classes
With 30% of their inventory damaged, owners of Preloved Books now face the daunting task of rebuilding from scratch