Abu Dhabi Islamic Bank (ADIB) has been recognised as the World’s Safest Islamic Bank for the third consecutive year by Global Finance Magazine for 2024. The bank also secured accolades as the Best Islamic Bank in both the UAE and Egypt, further solidifying its status as a leading regional Islamic financial institution. Additionally, ADIB was named the Best Islamic Bank Globally for ESG, reflecting its dedication to sustainable and ethical finance practices.
The awards were presented during the 2024 annual meetings of the IMF and World Bank Group in Washington, DC. ADIB’s continued recognition as the World’s Safest Islamic Bank underscores its robust financial stability, advanced risk management practices, and strong cybersecurity measures, affirmed by high ratings from leading financial agencies.
Mohamed Abdelbary, Group CEO of ADIB, expressed his pride in the bank’s achievements, stating: “Being acknowledged as the World’s Safest Islamic Bank reflects our dedication to providing a secure banking experience, supported by a solid capital foundation and prudent risk management. Recognition as the Best Islamic Bank in the UAE and Egypt also demonstrates our ability to deliver record earnings while remaining steadfast in our commitment to customers, employees, and the broader community.”
ADIB’s focus on sustainability and innovation has earned it global recognition for its environmental, social, and governance (ESG) initiatives. The bank continues to champion sustainable finance by allocating resources to environmental and social projects and advancing the UAE’s Net Zero objectives. As part of its 2035 vision, ADIB is pursuing a comprehensive digital transformation strategy that integrates artificial intelligence and advanced technologies to enhance customer experiences and foster innovative Islamic banking solutions.
With assets totaling AED 223 billion and a presence across five strategic markets, including Egypt, Saudi Arabia, the UK, Qatar, and Iraq, ADIB remains at the forefront of Islamic banking innovation.
