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ADIB Named Best Bank for Sustainability Linked sukuk in the Middle East
ADIB Named Best Bank for Sustainability Linked sukuk in the Middle East by Global Finance for its $500 million green sukuk
Abu Dhabi, 19 March 2024: Abu Dhabi Islamic Bank, a leading financial institution, has been recognized as the Best Bank in the middle east for Sustainability Linked Bonds/ sukuk at the Global Finance 2024 Sustainable Finance Awards.
Continue reading ADIB Named Best Bank for Sustainability Linked sukuk in the Middle EastADIB provides notice to redeem its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018
ADIB provides notice to redeem its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018
Abu Dhabi, UAE; 13 September 2023: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, provided notice of the full redemption of outstanding certificates of its USD 750 million additional tier-one (AT1) perpetual sukuk issued on 20 September 2018 at a profit rate of 7.125 percent. The redeem, in accordance with the conditions of the Sukuk issuance, will be carried out on the first call date, being September 20, 2023.
Continue reading ADIB provides notice to redeem its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018ADIB becomes the first UAE bank to provide instant and secure account opening for SMEs via deploying Emirates Face Recognition (EFR) technology
Abu Dhabi, 23 May 2023: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, becomes the first bank in the UAE to provide small and medium-sized enterprises (SMEs) with convenient remote account opening services through a mobile app by deploying Emirates Face Recognition (EFR) technology. This new feature will allow businesses to apply for a business account without the need to visit a branch or submit physical documents or signatures. Through this technology, ADIB can perform highly secure identity verification before opening a new account for businesses in less than 24 business hours.
ADIB receives Proshred and Enviroserve accreditation in recognition for its efforts to implement environmentally sustainable initiatives
ADIB receives Proshred and Enviroserve accreditation in recognition for its efforts to implement environmentally sustainable initiatives
Abu Dhabi, 08 August 2022:Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been recognised for its efforts in developing plans that support environmental, social and economic sustainability by Proshred and Enviroserve, global organisations that specialise in waste recycling. The bank received two certificates including the green certificate for e-waste recycling and the certificate of environmental accomplishment for paper shredding and recycling.
Continue reading ADIB receives Proshred and Enviroserve accreditation in recognition for its efforts to implement environmentally sustainable initiatives
UAE News 24/7 