Abu Dhabi Islamic Bank named ‘Islamic Bank of the Year 2022’ by The Banker Magazine from FT

Abu Dhabi Islamic Bank named ‘Islamic Bank of the Year 2022’ by The Banker Magazine from FT

Abu Dhabi: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been recognised as the Best Islamic Bank by Financial Times’ monthly publication, The Banker, entrenching the bank’s position as an industry leader reshaping the future of Islamic banking. The award recognises leaders in the banking sector who have kept pace with the increasing sophistication and demands of Islamic banking customers around the world.

The global award recognises leading Islamic institutions over the past 12 months, each of which has shown innovation and growth in a maturing market. This recognition comes as ADIB continues to push its digital transformation strategy and is a testament to ADIB’s innovative products and Sharia compliant business model which provides the right banking solutions for its customers, with a deep understanding of their needs and ambitions, their lives, and plans. Over 70% of ADIB’s customers are using digital channels with 99% of transactions taking place through digital. As an industry leader in digital innovation, ADIB also launched several ground-breaking initiatives that tap into emerging technologies such as blockchain and artificial intelligence.

Mr. Nasser Al Awadhi, ADIB Group CEO, said: “We are honoured that The Banker has chosen to recognize us as Best Islamic bank once again.