Abu Dhabi Islamic Bank (ADIB) – Introduction and background |
Abu Dhabi Islamic Bank is an Emirati Islamic banking institution, headquartered in Abu Dhabi.
Established in 1997, ADIB is now the second-largest Islamic bank in the UAE, providing a comprehensive range of Shariah-compliant retail, corporate, and investment banking services. The bank’s product portfolio is designed to be fully compliant with Islamic principles, covering areas such as personal and business financing, wealth management, treasury, and trade finance. ADIB operates an extensive branch network across the UAE, as well as international offices in Egypt, the United Kingdom, and Saudi Arabia. The bank has played a key role in developing the Islamic finance industry in the region.
Abu Dhabi Islamic Bank is a public joint-stock company listed on the Abu Dhabi Securities Exchange under the ticker ADIB. Because of its major shareholder, the state-backed venture capital fund, Emirates International Investment Company, the ADIB is an indirectly state-controlled enterprise.
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