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Abu Dhabi Islamic Bank
LEI 5493006DOLY8O98XHD74, SWIFT ABDISDKHXXX

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Organization name
Abu Dhabi Islamic Bank
Country name
United Arab Emirates
Country of registration
United Arab Emirates
Industry
Banks
Bond debt
1,250 mln USD

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Profile

Abu Dhabi Islamic Bank (appr. ADIB) is an Islamic bank based in Abu Dhabi city, in the United Arab Emirates. 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. ADIB commenced its operations with a paid-up capital of One Billion Dirhams divided into hundred million shares, the value of each share being ten dirhams. The shares are quoted on the Abu Dhabi Securities Market.

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News

30/05/2025 Fitch Ratings affirms Abu Dhabi Islamic Bank at "A+" (LT Int. Scale (foreign curr.) credit rating); outlook stable
09/10/2024 Fitch Ratings affirms Abu Dhabi Islamic Bank at "A+" (LT Int. Scale (foreign curr.) credit rating); outlook stable
08/10/2024 Fitch Affirms Abu Dhabi Islamic Bank at 'A+', Outlook Stable; Upgrades VR to 'bb+' (Rating action commentary)
01/04/2024 Moody's Investors Service affirms Abu Dhabi Islamic Bank at "A2" (LT- local currency credit rating); outlook stable
01/04/2024 Moody's Investors Service affirms Abu Dhabi Islamic Bank at "A2" (LT- foreign currency credit rating); outlook stable
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Documentation

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Codes

  • LEI
    5493006DOLY8O98XHD74
  • SWIFT
    ABDISDKHXXX
  • SIC
    6020 Commercial banks
  • ICB
    8,300 Banks
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