Monday 14 July 2014
 
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ADIB

ADIB opens new branch in Abu Dhabi

Abu Dhabi Islamic Bank (ADIB) has opened its 80th UAE branch in the Shahama area in west Abu Dhabi.   The facility will offer customers the full range of retail and commercial services and will further strengthen

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Islamic banks rebranding in bid to go global

Islamic banking is based on core principles of the religion. So it is striking that some banks are removing the word "Islam" from their names - a sign of both the potential of Islamic finance to grow, and the obstacles to it becoming m

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Adib customer wins two years’ salary

Abu Dhabi Islamic Bank (Adib), a top-tier Islamic financial services institution, announced today (June 26) the winners in its Adib Bonus Programme, which included Najla Ahmed who won a cash prize equivalent to 24 months of her monthly salary in

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ADIB opens new branch in Dubai

Abu Dhabi Islamic Bank (ADIB) has opened its 79th branch in the UAE, at Jumeirah Lake Towers in Dubai.    The new branch brings the total number of ADIB’s branches in Dubai to 16; five of which are loc

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ADIB launches new capital-protected note

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched a new capital-protected note, following the first car manufacturing note issued by the bank earlier this year.   The note, whic

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UAE cbank backs ADIB purchase of Barclays unit

Abu Dhabi Islamic Bank (ADIB) has received regulatory approval from the United Arab Emirates central bank for its purchase of Barclays' retail operations in the country, its chief executive said on Tuesday.  

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ADIB offers profit rate-free home financing

Abu Dhabi Islamic Bank (ADIB), a top-tier financial institution, is offering personal finance of up to Dh200,000 at a zero profit rate to help cover transaction costs associated with buying a property. The offer is being launched

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ADIB Q1 net profit up 20pc on higher lending

Abu Dhabi Islamic Bank , the largest sharia-compliant lender in the emirate, met analysts' expectations as it posted a 20.4 percent rise in first-quarter net profit on Monday, with higher lending cited for the increase. The le

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ADIB closes $326m loan for Dubai theme park

Abu Dhabi Islamic Bank (ADIB) has closed a Dh1.2 billion ($326.6 million) syndicated Islamic facility for IMG Theme Park, the company behind IMG Worlds of Adventure, a mega-themed entertainment destination in Dubai.  

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ADIB to pay out half of profit as dividend

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced the distribution of 30.66 per cent cash dividends, which represent 50 per cent of full year net profits for 2013. The bank will also issue

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