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#Abu Dhabi Islamic Bank

ADIB, DIFC Innovation Hub partner to drive regional fintech growth

The collaboration seeks to create proof-of-concept projects, where the DIFC Innovation Hub will support ADIB in collaborating with the shortlisted fintech firms

Visa instalment solution now live for ADIB cardholders

Visa said last October that it is working with local issuers and acquirers in the UAE

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

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

ADIB shareholders approve dividend of 71 fils per share for 2023

The dividend represents an increase from 49 fils per share in 2022, constituting 49% of the bank’s net profit for the year

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 launches B2B marketplace to empower SMEs

The online platform is an ecosystem for SMEs and allows businesses to digitally access multiple services and offers

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

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