Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi Islamic Bank (ADIB) has agreed on paying cash dividends, equivalent to 20.58% of the share's nominal value, for 2020.

The cash dividend distribution stands at 20.58 fils per share, aggregating at a total amount of AED 747.343 million, according to the company's disclosure to the Abu Dhabi Securities Exchange (ADX) on Monday.

It is noteworthy to mention that in 2020, the bank's net profits after zakat and tax dropped by 38.3% to AED 1.604 billion from AED 2.601 billion in 2019.