THE MIDDLE EAST’S

27. Abu Dhabi Islamic Bank (ADIB)

Country: U.A.E.
Sector: Banks & Financial Services
Group CEO: Mohammed Abdelbary
Market Value: $17.4 billion
Sales: $4.1 billion
Profits: $1.7 billion
Assets: $61.5 billion

Established in 1997, ADIB today serves 1.5 million customers across the U.A.E., Iraq, Qatar, and Sudan with subsidiaries in Egypt and the U.K. In September 2024, ADIB partnered with the Emirates Development Bank to support SMEs through a joint finance guarantee scheme. In January 2025, ADIB Capital launched its European Logistics Fund I to provide investors with access to logistics assets across Germany and Western Europe. In April 2025, it launched its Smart Sukuk, a fractional sukuk platform that allows customers to invest in fractionalized sukuk certificates directly through its app.