THE MIDDLE EAST’S

22. Abu Dhabi Islamic Bank (ADIB)

Country: U.A.E.
Sector: Banks & Financial Services
Group CEO: Mohammed Abdelbary
Market Value: $24.1 billion

Established in 1997, ADIB operates across 61 branches in the U.A.E., with international branches and subsidiaries in Iraq, Qatar, Sudan, Egypt and the UK. In October 2025, it launched the first UAE dirham-denominated sovereign sukuk for retail investors with the UAE Ministry of Finance through its Smart Sukuk Platform. Emirates International Investment Company is the largest shareholder, with 39.4% stake. In 2025, ADIB reported net profit of $1.9 billion and total assets of $76.4 billion.