Abu Dhabi Islamic Bank was established on 20 May 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11 November 1998, and was formally inaugurated by Abdullah Bin Zayed Al Nahyan, UAE Minister of Information and Culture on 18 April 1999. All contracts, operations and transactions are carried out in accordance with Islamic Shari'a principles.
Sustainability News
Abu Dhabi Islamic Band Providing Clients with Socially Responsible Financing
Abu Dhabi Islamic Bank (ADIB) is fully committed to sustainable performance, whether it be operational, financial, social or environmental. Illustrating this commitment, the bank has signed the Abu Dhabi Sustainable Finance Declaration and the Dubai Declaration on Sustainable Finance. These initiatives are aligned with the UAE Vision 2021, the UAE Government’s commitment to the Paris Agreement, the UN’s SDGs and the UAE Green Agenda Programs. In addition, ADIB has a strong track record in supporting its clients to meet their own ESG targets, including the provision of ethical, socially responsible financing based on Sharia’a-principles. For example, ADIB has recently structured a green Sukuk for Majid Al Futtaim and the Indonesian government, representing a new means to finance sustainable projects.
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