Abu Dhabi Islamic Bank (ADIB)
Abu Dhabi Islamic Bank (ADIB) is one of the leading financial institutions providing Sharia-compliant banking services in Iraq. It aims to support the local economy by offering innovative and advanced financial solutions.
About the Bank
Founded in 1997, Abu Dhabi Islamic Bank began its operations in Iraq in 2012 after obtaining a license from the Central Bank of Iraq. It is the first Emirati bank to open a branch in Iraq and offers a comprehensive range of Sharia-compliant banking services.
Banking Services Provided
The bank provides a variety of banking services, including:
First: Corporate Banking Services
- Corporate Financing: Includes trade finance, project financing, structured financing, and bond financing.
- Cash Management: Providing liquidity management solutions, cash flow forecasting, and foreign exchange services.
- Trade Finance: Issuing letters of credit, bank guarantees, and supply chain financing.
- “ADIB Direct” Digital Platform: An integrated digital platform allowing businesses to manage payments, liquidity, and trade finance efficiently.
Second: Retail Banking Services
- Current and Savings Accounts: Sharia-compliant accounts that meet the daily needs of customers.
- Personal Financing: Offering financing solutions for individuals in accordance with Sharia principles.
- Bank Cards: Credit and debit cards that comply with Sharia law.
- Digital Services: Mobile apps and online banking services to simplify banking transactions.
Third: Private Banking Services
- Wealth Management: Offering financial and investment advisory services for high-net-worth clients.
- Sharia-Compliant Investment: Investment opportunities that comply with Islamic principles.
- Tailored Banking Services: Customized financial solutions designed to meet the unique needs of clients.
Branches and Locations
Abu Dhabi Islamic Bank has a network of branches in Iraq, including:
- Baghdad: Karada Outside, Hay 909, Street 18, Building 147.
- Erbil: Ground Floor, Ronaki Building, Ronaki Street, near Mahabad Post Office.
- Basra: Briha Area, 14th of July Street.
The bank also provides services through ATMs in these cities, along with a branch at Erbil International Airport.
Bank’s Commitment
Abu Dhabi Islamic Bank demonstrates a strong commitment to providing high-quality, Sharia-compliant banking services, with a focus on innovation and meeting the needs of customers in Iraq. Through expanding its branch network and offering advanced digital solutions, the bank aims to enhance its role in supporting the Iraqi economy and providing reliable, exceptional financial services.
For more information, visit the official bank website: www.adib.iq
