8 ways new AI rules will change how you bank in the UAE

GOLD/FOREXDUBAI 21°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / Banking & Insurance8 ways new AI rules will change how you bank in the UAECentral Bank rules explain how AI can be used safely when you access financial servicesLast updated: February 24, 2026 | 02:42Justin Varghese, Your Money Editor 2 MIN READAdd as a preferred source on GoogleAI tools have even been used to give banking clients granular insights into their investments and risks levels associated with those. ShutterstockDubai: Artificial intelligence already helps banks in the UAE approve loans, spot fraud and handle customer service. The Central Bank of the UAE has now issued clear rules to make sure this technology is used responsibly and protects you as a customer.Sign up for our daily business newsletter, Cheques & Balances.Here’s what the new guidance means in simple terms.1. AI must protect your rights as a customerThe guidance is designed to ensure “consumer rights are safeguarded” as banks expand their use of AI. That means faster digital services should not come at the cost of fairness, transparency or trust.2. Banks must use AI responsibly, not freelyThe Central Bank said the rules create “a clear framework to guide financial institutions in the safe and responsible deployment” of AI and machine learning. Banks cannot use the technology in ways that are opaque, risky or poorly ...