Abu Dhabi Islamic Bank PJSC (ADIB)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Insider Trades
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

19 April 2017 03:48 PM ADIB provides AED 310m financing facility to Tamouh Investments

Abu Dhabi – Mubasher: Tamouh Investments said Wednesday that it has signed a financing contract worth AED 310 million with Abu Dhabi Islamic Bank (ADIB). The facility aims to fund the construction of the final phase of the Paragon Bay Mall …

Companies Investments

4 April 2017 09:49 AM ADIB launches 2nd tranche of capital-protected equity investment

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) on Tuesday announced launching the second tranche of the popular Equity Basket Note 3 investment note linked to a basket of global blue chip stocks. The Sharia-compliant note will mature in 12 …

Banking and Finance

3 April 2017 07:50 AM ADIB approves 24.52% dividends for 2016

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) said its shareholders approved 24.52% dividends, or AED 780 million, for fiscal year 2016, according to a statement. Cash dividends represent 39.8% of net profits achieved in 2016. The bank has …

Cash Dividends

7 March 2017 08:40 AM ADIB denies USD sukuk issue

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) denied its intention to issue USD sukuk in the coming few months, according to a bourse statement. The bank clarified in an official statement to Reuters that there are no immediate plans for any …

Sukuk and Islamic Finance

14 February 2017 01:15 PM ADIB recommends 24.52 fils/shr dividends

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) said Tuesday that its board of directors recommended distributing cash dividends of 24.52 fils per share for the fiscal year 2016. The board invited set 2 April for the annual general meeting, …

Cash Dividends

14 February 2017 01:04 PM ADIB profits decline 5% in Q4

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) posted on Tuesday a fall of 4.7% in its profits for the fourth quarter of fiscal 2016 to AED 455.1 million ($123.884 million), compared to AED 477.4 million ($130 million) for Q4-15. Net profits …

Financial Results

29 January 2017 11:59 AM ADIB, AAIB arrange financing facility for Omniyat

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) helped close an Islamic financing facility worth AED 325 million for Dubai-based Omniyat, according to a statement.  ADIB was the bookrunner and underwriter, and acted with Arab African …

Companies Investments

30 November 2016 10:59 AM ADIB repays AED 1.835bn sukuk

Mubasher: Abu Dhabi Islamic Bank (ADIB) repaid in full a $500 million (AED 1.835 billion) sukuk from its own sources, according to a statement. The 5-year sukuk, which was listed on the London Stock Exchange (LSE), are matured on 30 November …

Sukuk and Islamic Finance

20 November 2016 11:32 AM Three Abu Dhabi-listed banks deny merger news

Abu Dhabi – Mubasher: Abu Dhabi-listed Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB) and Union National Bank (UNB) denied the merger news published by Bloomberg, according to bourse statements. ADCB said that its executive …

Mergers and Acquisitions

24 October 2016 02:18 PM ADIB profits up 1.2% in Q3

Abu Dhabi – Mubasher:  Abu Dhabi Islamic Bank (ADIB) posted a rise in its profits by 1.2% year-on-year during the third quarter of 2016, according to a bourse statement. Net profits reached AED 509 million ($138.58 million) in Q3-16, compared to …

Financial Results

11 October 2016 01:43 PM AIDB studies external expansion in 2017 - CEO

By: Amr Adel Dubai – Mubasher: Abu Dhabi Islamic Bank (ADIB) is studying a number of opportunities for expansion starting from 2017, Tirad Al-Mahmoud, the bank’s CEO, said. Al Mahmoud added that the bank intends to expand in the Arab markets, in …

Companies Investments

8 October 2016 07:38 PM ADIB launches new capital-protected equity investment

Abu Dhabi - Mubasher: Abu Dhabi Islamic Bank (ADIB) has launched a second Shariah compliant investment structured note for the year, according to the bank’s press release. The note is linked to a basket of blue chip companies from diversified …

Banking and Finance

4 October 2016 02:17 PM ADIB cut 200 jobs in 3 months

Abu Dhabi - Mubasher: Abu Dhabi Islamic Bank (ADIB) has cut more than 200 jobs over the past three months, according to a recent report by Bloomberg. The cuts were made mostly in the retail business. Around 100 employees were dismissed last month, …

Corporate Actions

29 August 2016 01:53 PM ADIB banking partner for theme park in Dubai

Abu Dhabi-Mubasher: Abu Dhabi Islamic Bank (ADIB) signed an agreement to become the official banking partner for IMG Worlds of Adventure theme park, according to a statement. Owned by the Ilyas and Mustafa Galadari Group, the park is scheduled for …

Companies Investments

10 August 2016 10:43 AM ADIB unveils new investment note

Abu Dhabi-Mubasher: Abu Dhabi Islamic Bank (ADIB) launched a new shariah compliant investment note, according to a statement. The new offering will enable customers to invest in an equity basket of blue chip companies from a diversified basket of …

Sukuk and Islamic Finance

17 July 2016 09:32 AM ADIB leads ADX declines Sunday

Abu Dhabi - Mubasher: Abu Dhabi Islamic Bank (ADIB) led losers on the Abu Dhabi Securities Exchange (ADX), despite reporting a profit increase in Q2-16. ADIB’s stock went down 3% by 11:23am UAE time reaching AED 3.85, with 1.01 million shares …

Trading Activities

14 July 2016 01:28 PM ADIB posts 3.8% net profit rise in H1-16

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) reported a net profit of AED 989.5 million ($269.44 million) for the first half of 2016, a 3.8% increase from last year. The bank’s customers grew by more than 115,000, while  total assets were …

Financial Results

11 July 2016 01:42 PM ADIB’s board to OK Q2 financials mid-July

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) announced that the bank will meet on 14 July to approve its financial results for the second quarter of 2016. The bank posted a 6.9% growth in its first-quarter profits to AED 482 million …

Event

16 May 2016 11:09 PM Moody’s affirms ratings of 5 UAE banks

Dubai – Mubasher: Moody's Investors Service confirmed on Monday the long-term ratings of five UAE banks at ‘AA2’, with a negative outlook. The five banks are National Bank of Abu Dhabi, Abu Dhabi Commercial Bank, Union National Bank, Al Hilal Bank …

Stock Evaluations

21 April 2016 06:40 PM ADIB to pay 24.27% dividends for FY15

By: Ramy Sameeh Abu Dhabi-Mubasher: Abu Dhabi Islamic Bank’s (ADIB) shareholders agreed on distributing 24.27% cash dividends of the capital or AED 0.2427 per share for the fiscal year 2015. The ordinary general meeting has approved the board’s …

Corporate Actions

21 April 2016 01:21 PM ADIB first-quarter profits rise

Abu Dhabi-Mubasher: Abu Dhabi Islamic Bank (ADIB) posted a 6.9% growth in its first-quarter profits, according to a bourse statement. Net profits reached AED 482 million ($131.20 million) in the first quarter of 2016, compared to AED 450.8 million …

Financial Results

27 March 2016 11:56 AM ADIB advises on Oldendorff’s sale of Eships

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) said it has acted as the exclusive sell side advisor to Germany’s Egon Oldendorff GmbH & Co. KG, a part of the Oldendorff Group, on the full sale of its subsidiary Emirates Ship Investment …

Companies Investments

14 February 2016 01:40 PM ADIB profits increase 17% in Q4

Abu Dhabi-Mubasher: Abu Dhabi Islamic Bank (ADIB) reported profits of AED 478 million ($130 million) in the fourth quarter of 2015, compared to AED 409 million ($111.3 million) in the same quarter of 2014, according to a bourse filing on Sunday. …

Financial Results

7 February 2016 10:45 AM ADIB arranges Mohebi Logistics’ AED 400m sukuk issue

Abu Dhabi-Mubasher: Abu Dhabi Islamic Bank (ADIB) successfully issued an AED 400 million sukuk for Mohebi Logistics, according to a recent statement. ADIB has acted as sole book runner for the sukuk issue, the statement on Sunday said, adding that …

Sukuk and Islamic Finance

24 January 2016 00:30 PM Maridive inks $225m credit facility deal with ADIB

Cairo - Mubasher: Maridive and Oil Services said it has signed a credit facility agreement amounts to $225 million with Abu Dhabi Islamic Bank (ADIB). The company will use the loan in restructuring current credit facilities and financing the …

Banking and Finance