The Middle East’s
Top 100 Listed
Companies 2022
35. Abu Dhabi Islamic Bank (ADIB)
Country: U.A.E.
Sector: Banks & financial services
Group CEO: Nasser Al Awadhi
Market Value: $8.8 billion
Sales: $1.6 billion
Profits: $634 million
Assets: $37.3 billion
Abu Dhabi Islamic Bank provides banking services to more than a million customers, with 62 branches in the U.A.E. The bank is also present in Egypt, Saudi Arabia, Qatar, Sudan, Iraq, and the U.K. In March 2022, the bank announced that it would provide financing worth $61 million for environmentally-friendly projects in Saudi Arabia. The bank recorded more than $634 million in net profit in 2021, an increase of 45% compared to 2020.