Tag Archives: ADIB

ADIB and DIFC Innovation Hub Forge Strategic Partnership to Drive FinTech Growth in the Region

ADIB and DIFC Innovation Hub Forge Strategic Partnership to Drive FinTech Growth in the Region

 Abu Dhabi, UAE: 19 June 2024: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, announced a strategic collaboration with DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, to accelerate FinTech adoption. The bank signed a strategic partnership agreement during the 2nd edition of Dubai FinTech Summit held on May 6-7 2024, at the Madinat Jumeirah, to participate as a “Principal Institution Partner” in DIFC Innovation Hub’s 2024 Innovation Scouting programme.
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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.

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ADIB 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.

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