Islamic Finance 

ADIB named Best Islamic Digital Bank in the UAE

| 01 October, 2018

Abu Dhabi, September 29, 2018: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been named by Global Finance as the Best Islamic Digital Bank in the UAE  for a second consecutive year.  ADIB was recognised by a world-class panel of judges of industry experts for the innovation of its digital strategy, breadth of its digital offering and market-leading mobile banking functionality.

 

Over the past year, ADIB has heavily focused on innovation, introducing several new technologies that enable customers to conduct their banking transactions in a flexible, convenient and secure way, including a new mobile banking app.

 

Khamis Buharoon, ADIB’s vice chairman and acting CEO, said: “To be viewed as the Best Islamic Digital Bank in the UAE  is a testament to the outstanding work of ADIB’s digital team in recent years. ADIB has been committed to developing innovative products and services to ensure a quick and easy process for our customers.  It remains a top priority to evolve and enhance our services to meet the ever-evolving needs of our customers.”

 

ADIB has seen rapid growth in the use of digital channels by its customers, with over two million mobile transactions initiated via the ADIB mobile banking app every month. As part of its digital innovation strategy, the bank has also recently revamped its internet and mobile banking platforms to enable customers to conduct their online banking in a simpler and more intuitive manner across all devices.

 

ADIB has plans to launch its ground-breaking digital bank, Smartbanking, the region’s first Islamic bank targeted at millennial and Gen Z customers. A revolutionary offering, Smartbanking brings a new kind of banking experience to the UAE that features digital onboarding and a range of innovative products delivered through a dedicated mobile banking app and intuitive online banking platform.

 

ADIB has received numerous awards in recent months including ‘Best Premium Banking Service in the UAE’ from Banker Middle East, and ‘Best Sharia’a Savings Account Provider of the Year’ at the Yallacompare awards. In addition, the bank was recently awarded with the ‘Best Online Banking Services’ award at Banker Middle East UAE Product Awards.

 

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About ADIB

ADIB is a leading bank in the UAE with more than AED 122 billion in assets. Its 1 million-plus customers benefit from the third largest distribution network in the UAE with 82 branches and more than 710 ATMs. The bank also offers world-class online, mobile and phone banking services, providing clients with seamless digital access to their accounts 24 hours a day. ADIB provides retail, corporate, business, private banking and wealth management solutions. The bank was established in 1997 and its shares are traded on the Abu Dhabi Securities Exchange (ADX).

In the UAE, the Bank has more than 2,000 employees and remains one of the leading banks in the recruitment, development and promotion of local talent in all the markets in which it operates. The bank has one of the highest Emiratisation ratios with more than 37 percent of the bank’s workforce being UAE Nationals.

ADIB has presence in six strategic markets: Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan, Iraq.

Named the world's Best Islamic Bank by FT's The Banker Magazine, and Best Islamic Digital Bank in the Middle East by Global Finance, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, award-winning co-branded cards with Etihad and Etisalat and a wide range of financing products.

For media information, please visitwww.adib.aeor contact:

 

ADIB                                                                                                          Brunswick Group

Radwa Shehab                                                                                              Mouaffak Haijar

Head of External Communications                                                        Account Director

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