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The Abu Dhabi Islamic Bank, also known as ADIB was founded in Abu Dhabi in 1997. It was formally inaugurated in 1999 by the UAE Minister for Information and Culture, Abdullah Bin Zayed Al Nahyan. ADIB follows the principles of Islamic Banking; all ADIB credit cards are completely sharia-compliant.
ADIB trades in the Abu Dhabi stock exchange (known as the Abu Dhabi Securities Exchange or ADX), under the heading of ADX: ADIB. With a paid-up capital of AED 1 billion, each ADIB share holds a market value of AED 10. ADIB credit cards have captured the hearts of the UAE public. The bank itself has been recognized year after year for its commitment to world-class Islamic Banking. The bank has gained a huge following in the UAE thanks to the stunning range of ADIB credit card offers and the generous contribution made to the UAE community. From sports activities such as football and cricket to talent workshops, employee development programs, the building of a new mosque in Fujairah and organizing mass weddings for financially dependent UAE citizens, ADIB has proven itself to be a driving force for positive social change.
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