| 20 May 1997|
| Abu Dhabi, United Arab Emirates|
Tirad Al Sheikh Mahmoud (2008–)
Abu Dhabi Islamic Bank (appr. ADIB) (Arabic: مصرف أبو ظبي الإسلامي ) is an Islamic bank based in Abu Dhabi city, in the United Arab Emirates.
Abu Dhabi Islamic Bank Wikipedia
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.
ADIB 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.
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:Members of the Ruling Family
The Abu Dhabi Investment Authority ADIA
Prominent UAE Nationals
Dr. Waseem Ahmed Khan
CEO - H.E. Tirad Al Sheikh Mahmoud
Chairman - H.E. Jauaan Al Khaili
Deputy Chairman - Khaled Abdullah Neamat Khouri
Managing Director - Ahmed Darwish Al Marar
Board Member - H.E. Juma Khamis Al Khaili
Board Member - Abdul Rahman Mohammed Al Jasmi
Board Member - Ragheed Najeeb Shanti
Board Member - Mehdi Dazi
Board Member - Mohammad Nosrati Rad
ADIB Official Website
ADIB Egypt Website
ADIB UAE Website