ADIB Plans Dh1.75 Billion Rights Issue for Growth

Aug 25, 2026

57 min

Aug 25, 2026 16:31

ADIB board approves proposed Dh1.75 billion rights issue

## ADIB's Strategic Move

Abu Dhabi Islamic Bank (ADIB) is set to raise Dh1.75 billion through a rights issue, a decision approved by its board to support its Vision 2035 growth strategy. This move is pending necessary approvals from shareholders and regulatory bodies, including the UAE's Central Bank.

## Details of the Rights Issue

The bank plans to issue over 106 million new shares at Dh16.45 each, offering a 28.8% discount compared to the recent market price. Shareholders will have the opportunity to subscribe for one new share for every 34.14 shares they currently own.

## Financial Milestones

ADIB has recently surpassed Dh300 billion in total assets, marking a significant milestone in its growth trajectory. The bank's assets grew by 24% in 2025, reaching Dh304 billion by mid-2026. Return on equity has remained strong, standing at 28% in the first half of 2026.

## Future Outlook

The rights issue is designed to maintain shareholder value while funding the bank's expansion plans. ADIB's leadership emphasizes the importance of this capital raise in achieving sustainable growth and delivering long-term value to shareholders. Further details will be provided once all approvals are secured.

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