Tag: #Abu Dhabi Islamic Bank
ADIB signs an agreement with Astra Tech
The deal makes ADIB the first bank to provide users across the UAE access to financial services on the Botim Ultra app
ADIB refutes report of talks to buy $1.1 billion stake in Indonesian bank
The Islamic bank said that it strongly denies that it is in talks to acquire a minority stake in the Indonesian lender
UAE’s ADIB leads closure of AED 863 million Shari’ah-compliant syndicated loan
ADIB acted as the lead arranger, coordinator, bookrunner, Shari’ah advisor, and investment and security agent on the deal
Abu Dhabi Islamic Bank launches new payment hub
The bank has worked with ProgressSoft to ease the integration of cross-border services and accelerate cross-border remittances
ADIB full year net profit rises 45% to AED 5.25 billion
Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022
ADIB, Aldar Properties close AED 1 billion sustainability-linked financing deal
The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the UAE Net Zero by 2050 strategic initiative
UAE’s Abu Dhabi Islamic Bank unveils robust ESG strategy
The strategy underscores ADIB’s commitment to increasing its sustainable finance targets, enhancing its sustainable development journey.
ADCB Egypt increases its capital to 5 billion EGP
Abu Dhabi Commercial Bank – Egypt (ADCB) announced increasing its capital to EGP 5bn, thus complying with Law No. 194 of 2020 that stipulates...
ADIB launches Amwali, the world’s first Islamic Digital Bank targeting GenZ
Abu Dhabi Islamic Bank (ADIB) officially unveiled “Amwali” digital bank, the world’s first Islamic digital bank targeting youth between the age of 8 to...
ADIB becomes the first UAE bank to use facial recognition for instant and secure...
Abu Dhabi Islamic Bank (ADIB) announced the signing of a partnership with the Ministry of Interior (MOI) to allow opening of accounts remotely and...