15. Abu Dhabi Islamic Bank (ADIB)
Country: U.A.E.
Group CEO: Nasser Al Awadhi
Market value: $10.3 billion
ADIB provides banking services to a million customers, with 146 branches and 5,000 employees across the U.A.E., Egypt, Saudi Arabia, Qatar, Sudan, Iraq, and the U.K. In January 2023, ADIB acquired 9.6 million shares in ADIB Egypt from the National Investment Bank, bringing its ownership to 52.6%. The bank has facilitated $1.7 billion in sustainable project financing and saved five million sheets of paper in 2022 through its ongoing Al Ghaf paperless program. The bank recorded $986.1 million in net profits in 2022, an increase of 55.3% compared to 2021. The Emirates International Investment Company holds 39.4% of ADIB’s shares.