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.
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:
dhabi, islamic, bank, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, july,. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Abu Dhabi Islamic Bank news newspapers books scholar JSTOR July 2023 Learn how and when to remove this template message Abu Dhabi Islamic Bank PJSC Arabic مصرف أبوظبي الإسلامي is an Islamic bank based in Abu Dhabi city in the United Arab Emirates Abu Dhabi Islamic Bank PJSCTypePublicTraded asADX ADIBFounded20 May 1997HeadquartersAbu Dhabi United Arab EmiratesWebsitewww wbr adib wbr ae Contents 1 Establishment 2 Capital information 3 Founders 4 Board of directors 5 Official website 6 See also 7 ReferencesEstablishment EditAbu 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 Capital information EditADIB 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 Founders EditThe 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 ADIA Prominent UAE NationalsBoard of directors EditChairman H E Jawaan Awaidha Suhail Awaidha Al Khaili Vice Chairman amp Board Member Mr Faisal Sultan Naser Salem Al Shuaibi Group CEO Mr Nasser Al Awadhi 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 FayyadThe average tenure of ADIB Board members is 5 years 1 Official website EditADIB Official Website ADIB Egypt Website ADIB UAE WebsiteSee also Edit Banks portalList of banks List of banks in United Arab EmiratesReferences Edit ADIB Board of Directors information www adib ae Retrieved 2019 01 01 Information about the performance of ADIB shares on Bloomberg com 1 News related to ADIB and related UAE Stock market 2 News from Euromoney com 3 ADX quote 4 SCA quote 5 ADIB Board of Directors information 6 This Asian bank related article is a stub You can help Wikipedia by expanding it vte This United Arab Emirates related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Abu Dhabi Islamic Bank amp oldid 1167986611, wikipedia, wiki, book, books, library,
