ADIB named world’s safest Islamic bank for 2024

emirates7 - Abu Dhabi Islamic Bank (ADIB) has been named the world's safest Islamic bank for the third year in a row by *Global Finance Magazine* for 2024. The bank also received the titles of Best Islamic Bank in the UAE and Egypt, emphasizing its regional strength and outstanding performance. Additionally, ADIB was recognized as the Best Islamic Bank Globally for ESG, reflecting its dedication to sustainable and ethical finance.

These awards were presented at the 2024 annual meetings of the IMF and the World Bank Group in Washington, DC.

ADIB’s top ranking as the world’s safest Islamic bank highlights its robust financial standing, efficient risk management, and state-of-the-art cybersecurity systems, supported by high ratings from leading agencies. This recognition underscores the bank’s continued delivery of innovative and secure Sharia-compliant products.

Mohamed Abdelbary, Group CEO of ADIB, expressed gratitude for the acknowledgment, emphasizing that the recognition reflects the bank's strong capital foundation and prudent risk management. He also highlighted the bank’s achievements in both the UAE and Egypt, delivering record earnings while staying committed to customers, employees, and the community. Abdelbary reaffirmed ADIB’s commitment to sustainable banking, digital innovation, and contributing to a more sustainable future for the UAE and beyond.