The banks that serve as UBF members have all carved a reputation for reliable service and banking transparency. All 54 members lend their experience and expertise within the organization regarding pressing issues relevant to policy, management, financing and the economy. The members consist of 20 national banks (commercial and islamic), 28 foreign banks, and 6 special status members, licensed by the Central Bank of UAE. They are all expected to comply with the standards of ethics and conduct set forth by the UBF. All banks under the federation work in tandem with UBF to enhance the country’s financial sector and contribute to the National Economy.