Contents

1. Vision Bank’s Website
2. Acceptance of Terms
3. Access and Use of Website
4. Content
5. Privacy Policy
6. Cookies Policy
7. Accuracy and changes
   1. 7.1. Changes to the Terms
   2. 7.2. Changes to the Website
8. Third Party Links
9. Intellectual property
10. Linking to Our Site
11. Warranties, Representations and Liability
12. Prohibitions
13. Account Detail Security
14. Enforceability
15. Governing Law

1. Vision Bank’s Website

This website (www.vision-bank.com) is the official website of Vision Bank Limited (the “Bank“, which shall include references to “our“, “we”, or “us”). Vision Bank Limited is a Prudential Category 1 Islamic Financial Institution registered in Abu Dhabi Global Market (“ADGM“) under company number 000001012 and regulated by the Financial Services Regulatory Authority (FSRA) of ADGM under financial services permission number 170016. The Bank offers Shari’ah compliant regulated activities (but not managing Profit-Sharing Investment Account) and has regulatory permissions for Accepting Deposits, Advising on Investments or Credit and Providing Credit. If you have any enquiries regarding these website terms of use, any general enquiries or you would like to contact us, please email us at reachus@vision-bank.com.

2. Acceptance of Terms

These website terms of use, as amended and/or supplemented from time to time (the “Terms“), govern your use and access to our website. We reserve the right to amend or revise these Terms in our sole and absolute discretion, at any time and without notice to you. We recommend that you read these Terms as they contain provisions regulating your access and use and our rights, responsibilities, exclusion of liability and our intellectual property rights. By using our site, you confirm that you accept and comply with these Terms. If you do not agree to these Terms including any future versions of them, you should immediately stop using our website, failure to do so shall be deemed to be your acceptance of and compliance with the Terms.

3. Access and Use of Website

The website is available on “as is” and “as available” basis, meaning the Bank is under no obligation and does not provide any representations, warranties or undertakings as to the quality, accessibility, compatibility, accuracy or security of any other kind whatsoever, whether express or implied, of any content, application, service or user interface on or linked to our website. Whilst we will attempt to provide you uninterrupted accessibility and error-free usage to our website we cannot guarantee that this will be the case. Difficulties and malfunctions experienced while attempting to access or accessing the website such as network failures, software malfunctions and/or any transmission issues shall not be our liability. In certain instances, use of or access to the website may be temporarily suspended due to technical issues, software updates and/or enhancements. Notice of any suspension may not be possible or practicable depending upon the reason for the suspension. The Bank shall not be liable to you for not providing such a notice or for any losses, claims, liabilities, damages of whatsoever kind, nature, amount or description you may incur resulting from a suspension of our website.

4. Content

We make no representation, warranties or provide any guarantees that the contents of our website are accurate and/or up to date. Unless expressly mentioned otherwise, the contents of our website serve solely for informational purposes only. The suitability and/or appropriateness of the financial products and services referred to on our website is and shall not be based on your financial objectives, needs, knowledge or financial situation. You should always obtain independent legal, accounting and tax advice before you decide to enter into any transaction or subscribe for a service with us. Nothing on our website constitutes an offer or solicitation to anyone in any jurisdiction in which such an offer or solicitation is not authorised, or to any person to whom it is unlawful to make such an offer or solicitation. It is your responsibility to assess the suitability and/or appropriateness of any financial product you intend to acquire or financial service you intend to subscribe to. Nothing in these Terms or on our website shall oblige us to enter into any transaction with or provide a service to you.

5. Privacy Policy

We shall from time to time, collect and use your personal data in accordance with our Privacy Policy which is available on our website Privacy policy.

6. Cookies Policy

We use cookies to enhance our website functionality as well as your experience on our website. For more information on what cookies we use, the data we obtain from cookies and how you can manage your cookies, please refer to our Cookies Policy available on our website Cookie policy.

7. Accuracy and changes

7.1 Changes to the Terms

We review and amend these Terms from time to time. Updated versions are uploaded on our website with reference to the last update date and can be accessed for free at any time. You are advised to read and understand the Terms each time you wish to access or use our website.

7.2 Changes to the Website

We may update and change our site from time to time to reflect changes to our products, our users’ needs and our business priorities.

8. Third Party Links

Our website may contain links to other sites and resources provided by third parties. The Bank has no direct link with those linked websites and we have no responsibility nor control over the linked websites and the information published by them. You acknowledge and agree that the Bank does not assume any liability for any losses, claims, liabilities or damages of whatsoever kind, nature, amount or description you may incur resulting from your use of those linked websites.

9. Intellectual property

All copyrights, trademarks and any other intellectual property contained on our website including, but not limited to, the design, logos, text, graphics and all software and source codes (“Intellectual Property“) connected with the website, are owned by or licensed exclusively by Vision Bank Limited. Nothing in these Terms shall be read or construed to confer any grant to, or licence of, any of such Intellectual Property rights. You may only use any of such Intellectual Property rights on or from our website and to the extent permitted under these Terms and solely for the purposes of using our products and services. Using the website does not constitute a permission to use, copy or share any of our Intellectual Property.

10. Linking to Our Site

Third party organisations, news or social media organisations, their websites, applications or platforms may, without our knowledge or control, link to our website, to our publications or to other website information referring or naming us. To the extent that any such links reference us or our products and services in a manner which is deceptive, falsely implies sponsorship, endorsement or approval of their products and/or services to our products and services, we do not assume any liability for any losses, claims, liabilities or damages of whatsoever kind, nature, amount or description you may incur resulting from use of, a subscription to or purchase of such third-party products and/or services.

11. Warranties, Representations and Liability

To the extent permitted under ADGM law, regulations and rules and in addition to the provisions outlined in these Terms, we exclude all implied conditions, warranties, representations or other terms that may apply to our site or any content on it. We will not be liable to you for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with:

• use of, or inability to use, our site; or
• use of or reliance on any content displayed on our site.

In particular, we will not be liable for:

• loss of profits, sales, business, or revenue;
• business interruption;
• loss of anticipated savings;
• loss of business opportunity, goodwill or reputation; or
• any indirect or consequential loss or damage.

We shall not be liable for any viruses caused during the use of our website, you shall be responsible for protecting your software and your network by using your own virus protection software.

12. Prohibitions

As a user of our website, you must ensure that you refrain from doing any of the following:

• attempt unauthorised access to the Bank’s products and/or services;
• facilitate providing another with unauthorised access to the Bank’s products and/or services;
• provide any false/misleading information;
• attempt to jeopardize the stability of the website by using harmful technological threats including but not limited to computer viruses, worms, corrupted data, logic bombs and others;
• submit any post, notice, comment or any material on the website which can be viewed as:
  • threatening, abusive, indecent, defamatory, offensive, obscene;
  • racist or discriminatory, scandalous, menacing, inflammatory;
  • in breach of privacy, in breach of confidence or which may cause annoyance or inconvenience;
  • which constitutes or encourages acts contrary to any law (including Sharia law); or
  • which is done without the required approvals/licenses.

13. Account Detail Security

You must keep your Bank account details safe. If you choose, or you are provided with, a user identification code, password or any other piece of information as part of our security procedures, you must treat such information as strictly confidential. You must not disclose any account information to any third party contrary to any applicable law or regulation. We have the right to disable any user identification code or password, whether chosen by you or allocated by us, at any time, if in our reasonable opinion you have failed to comply with any of the provisions of these Terms. If you know or suspect that anyone other than you knows your user identification code or password, you must promptly notify us at clientsupport@vision-bank.com.

14. Enforceability

In the event that any provision of these Terms is held unenforceable, it will not affect the validity and enforceability of the remaining provisions and shall be replaced by an enforceable provision as construed under ADGM law, regulation and rules that comes the closest to the intention underlying the unenforceable provision.

15. Governing Law

These Terms, their subject matter and their formation (and any non-contractual disputes or claims) shall be governed by and construed in accordance with ADGM law, regulations and rules. You agree that the ADGM courts have exclusive jurisdiction to settle any dispute arising out of or in connection with these Terms (including a dispute or claim relating to any non-contractual obligation arising out of or in connection with these Terms).