Jump to content

Abu Dhabi Islamic Bank: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
Content deleted Content added
VisualWikitext
ADIB page created
 
m Reverted edit by MonicaRafa (talk) to last version by Monkbot
 
(139 intermediate revisions by 93 users not shown)
Line 1: Line 1:
'''Abu Dhabi Islamic Bank''' (appr. ADIB) is an Islamic bank based in [[Abu Dhabi]] city, in the [[United Arab Emirates]].
{{Short description|Islamic bank based in Abu Dhabi}}
{{More citations needed|date=July 2023}}
{{Infobox company
|name = Abu Dhabi Islamic Bank PJSC
|logo = Adiblogo.png
|type = [[Public company|Public]]
|traded_as = {{ADSM|ADIB}}
|foundation = 20 May 1997
|location_city = [[Abu Dhabi]]
|location_country = [[United Arab Emirates]]
|homepage = {{URL|http://www.adib.ae/}}
}}
'''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. 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>


⚫
==Capital information==
Abu Dhabi Islamic Bank was established on 20th [[May 1997]] as a [[Public Joint Stock Company]] through the [[Amiri]] [[Decree]] No. 9 of 1997. The Bank commenced commercial operations on 11th [[November 1998]], and was formally inaugurated by His Highness [[Sheikh Abdullah Bin Zayed Al Nahyan]], UAE Minister of Information and Culture on 18th [[April 1999]].
⚫
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>
All contracts, operations and transactions are carried out in accordance with [[Islamic Shari'a]] principles.
⚫
== Capital Information ==


⚫
==Founders==
⚫
ADIB commenced its operations with a paid-up [[capital]] of One [[Billion]] [[Dirham]]s divided into hundred [[million]] [[share]]s, the value of each share being ten dirhams. The shares are quoted on the [[Abu Dhabi Securities Market]].
⚫
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:


⚫
*The [[Abu Dhabi Investment Authority|Abu Dhabi Investment Authority ADIA]]
⚫
== Founders ==
⚫
*Prominent UAE Nationals


⚫
==Board of directors==
⚫
The founders of Abu Dhabi Islamic Bank hold 39% of its equity while the remaining 61% is held by approximately 100,000 shareholders. The founding shareholders of ADIB are:
*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.<ref>{{Cite web|url=https://www.adib.ae/directors|title=ADIB Board of Directors' information |access-date=2019-01-01|website=www.adib.ae |language=en}}</ref>
*Members of the Ruling Family

⚫
*[[The Abu Dhabi Investment Authority]] [[ADIA]]
==Official website==
⚫
*Prominent UAE Nationals
* [http://www.adib.com ADIB Official Website]
* [http://www.adib.eg ADIB Egypt Website]
* [http://www.adib.ae ADIB UAE Website]

==See also==
{{Portal|Banks}}
*[[List of banks]]
*[[List of banks in United Arab Emirates]]

==References==
{{Reflist}}

# Information about the performance of ADIB shares on Bloomberg.com [https://www.bloomberg.com/apps/quote?ticker=ADIB:UH]
# News related to ADIB and related UAE Stock market [https://www.bloomberg.com/apps/news?pid=conews&tkr=ADIB:UH]
# News from Euromoney.com [http://www.euromoney.com/results_google.asp?search=ADIB&SM=ALL&DatePeriod=0&OB=R&Catalog=EM2]
# [[Abu Dhabi Securities Exchange|ADX]] quote [https://web.archive.org/web/20110531151003/http://www.adx.ae/English/Securities/Pages/CompanyQuotes.aspx?Symbol=ADIB]
# SCA quote [https://web.archive.org/web/20070708015702/http://www.sca.ae/english/companies/index.asp?Process=viewdetails&Company=ADIB.ADSM]
# ADIB Board of Directors' information [https://www.adib.ae/directors]


{{Authority control}}
⚫
== Board of Directors ==


[[Category:Banks established in 1997]]
*Chairman
[[Category:Companies based in Abu Dhabi]]
H.E. Majed Salem Khalifa Al Romaithi
[[Category:Companies listed on the Abu Dhabi Securities Exchange]]
*Deputy Chairman
[[Category:Companies in the EGX 30]]
H.E. Khaled Abdullah Neamat Khouri
[[Category:Islamic banks of the United Arab Emirates]]
*Managing Director
[[Category:Emirati companies established in 1997]]
H.E. Ahmed Darwish Al Marar
*Board Member
H.E. Juma Khamis Al Khaili
*Board Member
H.E. Abdul Rahman Mohammed Al Jasmi
*Board Member
H.E. Ragheed Najeeb Shanti
*Board Member
H.E. Mehdi Dazi


== Sources ==


{{Asia-bank-stub}}
* ADIB official website [http://www.adib.ae/index.html]
{{UnitedArabEmirates-stub}}

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"