Abu Dhabi Islamic Bank (ADIB) — Key Facts
| Founded | 1997 |
| Headquarters | Abu Dhabi, UAE |
| Listed On | Abu Dhabi Securities Exchange (ADX) |
| Major Shareholder | Abu Dhabi Govt / Royal Family (~66%) |
| Total Assets | ~AED 200+ billion |
| Banking Type | Islamic Bank (Fully Sharia-compliant) |
Abu Dhabi Islamic Bank (ADIB) is one of the world’s leading Islamic financial institutions and the UAE’s largest Islamic bank by total assets. Established in 1997, ADIB operates under a fully Sharia-compliant framework, offering retail, corporate, and investment banking products structured according to Islamic finance principles. The bank has an international presence in Egypt, Saudi Arabia, the UK, and Iraq.
Who Owns Abu Dhabi Islamic Bank?
ADIB is a publicly listed company on the Abu Dhabi Securities Exchange (ADX). The Abu Dhabi royal family and government-linked entities hold a combined majority stake of approximately 66% in ADIB, making it effectively a government-backed Islamic bank. Key shareholders include the Abu Dhabi Investment Authority (ADIA) and members of the Abu Dhabi royal family. The remaining approximately 34% is publicly traded and available to both UAE national and foreign investors through the ADX.
History and Background
ADIB was established in 1997 by royal decree of the Ruler of Abu Dhabi, with the objective of providing Sharia-compliant banking to the UAE’s Muslim population and meeting demand for ethical Islamic finance products. The bank grew rapidly through the 2000s and 2010s, expanding its product range, branch network, and international footprint. ADIB played a key role in pioneering Islamic banking products in the UAE, including Murabaha home finance, Ijarah auto finance, and Wakala investment accounts.
Islamic Banking Products
ADIB’s product suite covers retail personal finance (Murabaha), home finance (Ijarah/Diminishing Musharakah), auto finance, savings and current accounts (Wadiah and Mudarabah structures), corporate Sharia-compliant lending, Sukuk issuance, and investment management. ADIB’s Egypt subsidiary (ADIB Egypt) is one of the largest Islamic banks in Egypt and has significantly expanded ADIB’s regional footprint.
