Abu Dhabi Islamic Bank (ADIB)

Company description

Abu Dhabi Islamic Bank (ADIB) is a leading Islamic financial institution headquartered in Abu Dhabi, United Arab Emirates. Established in 1997, ADIB operates based on Islamic Sharia principles, providing a wide range of banking and financial services to individuals, businesses, and corporate clients. It operates as a Sharia-compliant bank, ensuring that its financial products and services adhere to Islamic principles, such as avoiding interest (riba) and speculative transactions (gharar). ADIB offers various retail banking services, including savings and current accounts, personal financing, home financing, and credit cards, designed to cater to the needs of individual customers. It provides tailored financial solutions to businesses and corporate clients, including business accounts, trade finance, project finance, and working capital solutions.

Company details

Abu Dhabi
Abu Dhabi, United Arab Emirates

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • October 06, 2023

    USD2.2 Billion Financial close announced for Sustainable Water Supply Project in Abu Dhabi

    ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) have successfully completed the financial closing of AED8.3 billion (US$2.2 billion) project to provide sustainable water supply for ADNOC&rsquo...

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  • November 02, 2022

    ACWA reached financial close for US$821 mn IWP project

    ACWA Power has announced the financial close for the US$821 million Shuaibah 3 Independent Water Producer (IWP) project. The project involves the conversion of the existing Shuaibah Independent...

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  • September 09, 2020

    Financial close for US$650mn desalination PPP in Saudi Arabia

    ACWA Power, investor and operator of power generation and desalinated water plants, announced the successful signing of senior financing agreements for the US$650 million Jubail-3A IWP. The proje...

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