Abu Dhabi Islamic Bank

Business and footprint

As of: 2026-06-30

Abu Dhabi Islamic Bank PJSC trades on ADX as ADIB. Established under Abu Dhabi's 1997 decree, it combines banking, financing and investment activities conducted under Sharia principles. At 30 June 2026 it reported 61 UAE branches, three overseas branches in Iraq, Qatar and Sudan, and subsidiaries in the UAE, Egypt and the United Kingdom. The accounts combine head office, branches and controlled subsidiaries; the location list is not a promise of uninterrupted service at every office.

How the income model works

As of: 2026-06-30

Financing uses murabaha, ijara, mudaraba and wakala, among other structures. Murabaha is based on an asset sale with a profit margin and ijara on leasing. These arrangements generate income but do not remove credit or liquidity risk. A crucial reporting distinction is that operating income in the main statement precedes distributions to depositors and sukuk holders, whereas net segment revenue follows those distributions. They are not two revenues to add together. Net fees also exclude commission expenses.

Subsidiaries and equity-accounted investments

As of: 2026-06-30

The June accounts consolidate ADIB Egypt at 53% and Abu Dhabi Islamic Securities at 95%. Burooj Properties, MPM Properties, Kawader Services, ADIB UK and ADIB Capital are wholly owned. Certain special-purpose entities are consolidated through control despite no direct holding. Abu Dhabi National Takaful at 42%, Bosna Bank International at 27% and the Residential REIT at 29% are associates. Saudi Finance Company and the merchant-acquiring company are joint ventures at 51%; a majority percentage does not automatically mean full consolidation.

Owners and leadership

As of: ownership2025-12-31; leadership2026-06-30

The annual governance report identifies Emirates International Investment Company LLC at 39.40%, Emirates National Bank of Dubai PJSC at 6.78%, and other investors at 53.82%, as of 31 December 2025. These are dated holdings in the bank, not a live register or its ownership of subsidiaries. The June balance sheet names Jawaan Awaidha Suhail Al Khaili as chairman and Mohamed Abdelbary as Group CEO. No subsequent ownership change or acquisition is assumed from those disclosures.

Annual results and strategy

As of: 2025-12-31; annual management highlights

The 2025 financial highlights report net revenue of AED 12,304 million versus AED 10,632 million in 2024; pre-tax profit of AED 8,101 million versus AED 6,868 million; and after-tax profit of AED 7,070 million versus AED 6,101 million. These are rounded annual group highlights, not gross income before depositor distributions. Management links growth to customer acquisition and financing expansion under Vision 2035. Its strategic intentions are not a forecast or proof that every future investment will generate the expected return.

Half-year income and profit

As of: H1 2026 versus H1 2025

H1 operating income before distributions was AED 9,687.374 million versus AED 8,484.197 million. Distributions to depositors and sukuk holders increased to AED 3,196.532 million from AED 2,550.479 million, leaving net segment revenue of AED 6,490.842 million versus AED 5,933.718 million. Pre-tax profit reached AED 4,309.532 million and after-tax profit AED 3,755.572 million. Net fees nevertheless fell to AED 1,047.600 million from AED 1,090.562 million: the improvement was not uniform across income sources. All comparisons use six-month periods.

Profit attribution and distributions

As of: H1 2026; FY2025 dividend paid2026

Bank equity holders were attributed AED 3,527.465 million of H1 profit; non-controlling interests received an attribution of AED 228.107 million. Note 14 then deducts Tier 1 sukuk distributions for EPS, leaving AED 3,366.420 million and reported EPS of AED 0.927. Group profit is therefore not identical to ordinary-share earnings. Note 40 reports that 97.05 fils per share for 2025 was paid after the 4 March 2026 AGM. This is a completed dividend, not guidance for the next distribution.

Where earnings arise

As of: H1 2026 versus H1 2025

Retail net segment revenue was AED 3,136.816 million, wholesale AED 1,071.019 million and treasury AED 515.675 million. Private banking, real estate, other operations and associates/subsidiaries are separate reporting lines. Domestic net revenue was AED 5,267.658 million and international AED 1,223.184 million. International after-tax profit fell to AED 586.700 million from AED 599.855 million despite higher revenue, while domestic profit increased. The geography breakdown therefore adds information that a group growth headline does not provide.

Funding and liquidity

As of: 2026-06-30

Assets reached AED 303,916.157 million and depositors' accounts AED 245,651.689 million at June-end. Deposits finance banking operations; they are not industrial debt to deduct mechanically in a net-debt model. Cash and central-bank balances of AED 37,027.430 million include reserves and Islamic certificates of deposit, not just freely available cash. Note 15 requires central-bank approval to withdraw statutory reserves. Amounts due to financial institutions were AED 15,624.632 million and the separate sukuk financing instrument AED 1,836.250 million. Funding mix, maturity and availability matter.

Regulatory capital is not accounting equity

As of: ratios2026-06-30; perimeter explanation2025-12-31

CET1 was 12.2% and total capital adequacy 15.6%, against December comparatives of 12.0% and 15.7% in the interim report. Risk-weighted assets increased to AED 203,294.163 million from AED 183,637.387 million. The annual Pillar III disclosure excludes Burooj, MPM and Kawader from regulatory consolidation although they are consolidated in the accounts. Consequently these ratios cannot be reconstructed from IFRS total assets and equity. Financing growth, risk weights, deductions and distributions influence capital alongside retained profit.

Risks and reporting limits

As of: H1 2026; review2026-07-29

Net impairment expense was AED 300.892 million versus AED 305.063 million. This expense is not an NPL ratio or proof that recent financing will remain low risk; credit migration, collateral and recoveries need their own evidence. Funding repricing and foreign operations also affect earnings. KPMG's review dated 29 July gives an unmodified interim conclusion under IAS 34, not a full annual audit or a guarantee. No share-price target, fair-value estimate, future dividend commitment or trading recommendation follows from this profile.

Official contacts and source dates

As of: website2026-08-31 GST; financials2026-06-30

The official IR page lists Lamia Hariz, telephone 02-4977427, and investor.relations@adib.com and Lamia.hariz@adib.com. The financial statements give P.O. Box 313, Abu Dhabi, UAE. No personal mobile is reproduced. Website contacts and the quarterly-results index were checked on 31 August 2026 GST. Financial data cover June 2026, authorised on 29 July; ownership has its separate December 2025 date. This profile complements, rather than replaces, the dated review and does not certify that every later event has been captured.

Sources

1. S1 · ADIB H1 2026 condensed consolidated interim financial statements · 2026-06-30 / 2026-07-29
2. S2 · ADIB Integrated Annual Report 2025 · 2025-12-31
3. S3 · ADIB investor relations contacts · 2026-08-31
4. S4 · ADIB quarterly results index · 2026-08-31