The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Awards

Islamic finance awards 2014: Abu Dhabi Islamic Bank

Best Islamic bank in the Middle East
Best Islamic Bank in the UAE

A changing of the guard this year. Abu Dhabi Islamic Bank is not the biggest Islamic bank in the region – a title still held by Saudi Arabia’s Al Rajhi, our long-time winner – but it deserves recognition this year for its strength, the clarity of its ambition, and its ability to bring innovation to Islamic finance without compromising its values.

It’s not as if ADIB is small: it ranks itself the fourth-largest Islamic bank in the world, with total assets of Dh96.4 billion ($26 billion). So it already has critical mass, particularly in the United Arab Emirates, where it reaches half a million retail customers through 80 branches. But it’s more the sense of direction that impresses. The bank has doubled its asset base within five years and has long since moved on from being purely an Abu Dhabi institution, with a growing presence in Egypt in particular (75 branches, through its ownership of National Development Bank Egypt) as well as Saudi Arabia, Sudan, Iraq, Qatar and the UK.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree