16. Abu Dhabi Islamic Bank (ADIB)

Country: U.A.E.
Acting Group CEO: Mohammed Abdelbary
Market value: $11 billion

ADIB provides retail, corporate, business, private banking, and wealth management solutions to 1.3 million customers. Headquartered in the U.A.E., ADIB has an international presence in six markets, including Egypt, Saudi Arabia, the U.K., Sudan, Qatar, and Iraq. In 2023, ADIB’s total assets recorded $52.5 billion, with a net profit of $1.4 billion, an increase of 45.1%. In February 2024, ADIB announced that its financing program for electric cars, “Volt,” has witnessed over 600 new auto finance bookings since its launch in September 2023. In July 2023, it raised $750 million in a USD-denominated tier-one perpetual sukuk.