Jump to content

Abu Dhabi Islamic Bank: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
BattyBot (talk | contribs)
Bots
1,933,723 edits
m Reverted edit by MonicaRafa (talk) to last version by Monkbot
 
(8 intermediate revisions by 7 users not shown)
Line 11: Line 11:
|homepage = {{URL|http://www.adib.ae/}}
|homepage = {{URL|http://www.adib.ae/}}
}}
}}
'''Abu Dhabi Islamic Bank PJSC''' ({{lang-ar|مصرف أبوظبي الإسلامي}}) is an Islamic bank based in [[Abu Dhabi]] city, in the [[United Arab Emirates]].
'''Abu Dhabi Islamic Bank PJSC''' ({{langx|ar|مصرف أبوظبي الإسلامي}}) is an Islamic bank based in [[Abu Dhabi]] city, in the [[United Arab Emirates]].


==Establishment==
==Establishment==
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.
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.<ref>{{Cite web |title="أبوظبي الإسلامي" يصدر صكوك خضراء بقيمة 500 مليون دولار |url=https://www.snabusiness.com/article/1668712-%D8%A7%D9%94%D8%A8%D9%88%D8%B8%D8%A8%D9%8A-%D8%A7%D9%84%D8%A7%D9%95%D8%B3%D9%84%D8%A7%D9%85%D9%8A-%D9%8A%D8%B5%D8%AF%D8%B1-%D8%B5%D9%83%D9%88%D9%83-%D8%AE%D8%B6%D8%B1%D8%A7%D8%A1-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-500-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1 |access-date=2024-01-19 |website=اقتصاد سكاي نيوز عربية |language=ar}}</ref>
All contracts, operations and transactions are carried out in accordance with [[Islamic Shari'a]] principles.


==Capital information==
==Capital information==
ADIB commenced its operations with a paid-up [[Capital (economics)|capital]] of [[1,000,000,000|one billion]] [[dirham]]s divided into one hundred [[million]] [[share (finance)|share]]s, the value of each share being ten dirhams. The shares are quoted on the [[Abu Dhabi Securities Market]].
ADIB commenced its operations with a paid-up [[Capital (economics)|capital]] of [[1,000,000,000|one billion]] [[dirham]]s divided into one hundred [[million]] [[share (finance)|share]]s, the value of each share being ten dirhams. The shares are quoted on the [[Abu Dhabi Securities Market]].<ref>{{Cite web |title=ADIB {{!}} :: شركة القاهرة الوطنية :: |url=https://www.caironational.org/adib/ |access-date=2024-09-22 |language=en-US}}</ref>


==Founders==
==Founders==
Line 29: Line 28:
*Chairman - H.E. Jawaan Awaidha Suhail Awaidha Al Khaili
*Chairman - H.E. Jawaan Awaidha Suhail Awaidha Al Khaili
*Vice Chairman & Board Member - Mr. Faisal Sultan Naser Salem Al Shuaibi
*Vice Chairman & Board Member - Mr. Faisal Sultan Naser Salem Al Shuaibi
*Group CEO - Mr. Nasser Al Awadhi
*Group CEO - Mr. Mohammed Abdelbary
*Board Member Non-Executive - Mr. Abdulla Ali Musleh Jumhour Al Ahbabi
*Board Member Non-Executive - Mr. Abdulla Ali Musleh Jumhour Al Ahbabi
*Board Member Non-Executive - Mr. Abdul Wahab Al-Halabi
*Board Member Non-Executive - Mr. Abdul Wahab Al-Halabi
Line 63: Line 62:
[[Category:Companies based in Abu Dhabi]]
[[Category:Companies based in Abu Dhabi]]
[[Category:Companies listed on the Abu Dhabi Securities Exchange]]
[[Category:Companies listed on the Abu Dhabi Securities Exchange]]
[[Category:Companies in the EGX 30]]
[[Category:Islamic banks of the United Arab Emirates]]
[[Category:Islamic banks of the United Arab Emirates]]
[[Category:Emirati companies established in 1997]]
[[Category:Emirati companies established in 1997]]

Latest revision as of 16:59, 6 December 2024

Abu Dhabi Islamic Bank PJSC
Company typePublic
ADX: ADIB
Founded20 May 1997
Headquarters
Abu Dhabi
,
United Arab Emirates
Websitewww.adib.ae

Abu Dhabi Islamic Bank PJSC (Arabic: مصرف أبوظبي الإسلامي) is an Islamic bank based in Abu Dhabi city, in the United Arab Emirates.

Establishment

[edit]

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.[1]

Capital information

[edit]

ADIB commenced its operations with a paid-up capital of one billion dirhams divided into one hundred million shares, the value of each share being ten dirhams. The shares are quoted on the Abu Dhabi Securities Market.[2]

Founders

[edit]

The founders of Abu Dhabi Islamic Bank hold 29% of its equity while the remaining 71% is held by approximately 100,000 shareholders. The founding shareholders of ADIB are:

Board of directors

[edit]
  • Chairman - H.E. Jawaan Awaidha Suhail Awaidha Al Khaili
  • Vice Chairman & Board Member - Mr. Faisal Sultan Naser Salem Al Shuaibi
  • Group CEO - Mr. Mohammed Abdelbary
  • Board Member Non-Executive - Mr. Abdulla Ali Musleh Jumhour Al Ahbabi
  • Board Member Non-Executive - Mr. Abdul Wahab Al-Halabi
  • Board Member Non-Executive - Mr. Khalifa Matar Khalifa Qaroona Almheiri
  • Board Member Non-Executive - Mrs. Maha Mohammed Al Qattan
  • Board Member Non-Executive - Mr. Najib Youssef Fayyad

The average tenure of ADIB Board members is 5 years.[3]

Official website

[edit]

See also

[edit]

References

[edit]
  1. ^ ""أبوظبي الإسلامي" يصدر صكوك خضراء بقيمة 500 مليون دولار". اقتصاد سكاي نيوز عربية (in Arabic). Retrieved 2024-01-19.
  2. ^ "ADIB | :: شركة القاهرة الوطنية ::". Retrieved 2024-09-22.
  3. ^ "ADIB Board of Directors' information". www.adib.ae. Retrieved 2019-01-01.
  1. Information about the performance of ADIB shares on Bloomberg.com [1]
  2. News related to ADIB and related UAE Stock market [2]
  3. News from Euromoney.com [3]
  4. ADX quote [4]
  5. SCA quote [5]
  6. ADIB Board of Directors' information [6]


Stub icon

This Asian bank-related article is a stub. You can help Wikipedia by expanding it.

Stub icon

This United Arab Emirates-related article is a stub. You can help Wikipedia by expanding it.

Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=Abu_Dhabi_Islamic_Bank&oldid=1261540344"