Abu Dhabi Islamic issues first green US dollar sukukAbu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced that it has successfully raised $500 million via a green sukuk offering, marking the world’s first ever green US dollar sukuk issued by a financial institution More… |
Adib provides $272m in UK property financing in 2021Leading Islamic financial institution Abu Dhabi Islamic Bank (Adib) said that it has provided over AED1 billion ($272 million) in UK commercial real estate financing during 2021. The bank closed two deals in the UK in the month of More… |
Adib provides $272m in UK property financing in 2021Leading Islamic financial institution Abu Dhabi Islamic Bank (Adib) said that it has provided over AED1 billion ($272 million) in UK commercial real estate financing during 2021. The bank closed two deals in the UK in the month of More… |
Adib reports $346m net profit for 9 months; up 43%Abu Dhabi Islamic Bank (Adib), a leading Islamic bank in the region, has reported a net profit of AED1,602 million ($436 million) for the first 9 months of the year from AED1,121 million in the same period last year, marking a 43% year-on-year g More… |
ADIB reports 125% rise in Q1 net profit to $165.5mAbu Dhabi Islamic Bank (ADIB) said its net profit in the first quarter (Q1) of the year surged by 125 percent to AED608 million ($165.5 million) compared to AED270 million in Q1 2020, marking an increase of 125 percent. More… |
ADIB adopts IBM hybrid cloud solutionsAbu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has collaborated with IBM to accelerate its transition to become a modern, digitally-led Islamic bank, using IBM hybrid cloud solutions based on Red Hat OpenShift. More… |
Abu Dhabi Islamic helps Emirati investor to buy UK business parkAbu Dhabi Islamic Bank (ADIB) said it has provided AED91 million ($25 million) in Sharia’a-compliant structured financing for a private UAE-based client to acquire a AED141 million ($38.3 million) business park on the UK’s sou More… |
Abu Dhabi Islamic helps Emirati investor to buy UK business parkAbu Dhabi Islamic Bank (ADIB) said it has provided AED91 million ($25 million) in Sharia’a-compliant structured financing for a private UAE-based client to acquire a AED141 million ($38.3 million) business park on the UK’s sou More… |
Abu Dhabi Islamic appoints Group CEOAbu Dhabi Islamic Bank (Adib) has announced the appointment of Mazin Manna as its new Group chief executive officer. Manna brings 28 years of experience in international banking, with deep knowledge of the regional market. He join More… |
Adib wins 7 EMEA Finance Achievement AwardsAbu Dhabi Islamic Bank (Adib), a leading financial institution, has received an unprecedented sevens awards, across both house and deal categories, at the EMEA Finance Achievement Awards, held recently in London, UK. In the Islami More… |