Abu Dhabi Islamic Bank
| Name | Abu Dhabi Islamic Bank | |
| Sector | Finance & Insurance - Islamic Commercial Banks | |
| Trading | ADX | |
| RIC Code | ADIB.AD | |
| Location | UAE |
Profile and Background
Incorporated in November 1998, the Abu Dhabi Islamic Bank is the world's largest Islamic banking institutions by capitalization, providing a wide range of retail and corporate banking services, in strict conformity with the Islamic banking code.
The bank was formed as a joint stock company, with a paid up capital of 1 billion dirhams, divided into 100 million shares, par value 10 dirhams each. The Murabaha (profit sharing) constituted the bulk of the first year of operations ending in Dec-1998.
Audited statements are IAS compliant and certified by Ernest & Young.
The bank was formed as a joint stock company, with a paid up capital of 1 billion dirhams, divided into 100 million shares, par value 10 dirhams each. The Murabaha (profit sharing) constituted the bulk of the first year of operations ending in Dec-1998.
Audited statements are IAS compliant and certified by Ernest & Young.
Shareholding Groups
| Individuals | N/A |
| Institutions | N/A |
| Floating | N/A |
| Government | N/A |
Board Members (Listed in alphabetical order)
| Director | Dhafer Sahmi Al Ahbabi |
| Director | Hamad Mohammed Bin Brook |
| Director | Khalifa Nasser |
| Director | Khalifa Mohamed Al Kindi |
| Director | Khalil Al Foulathi |
| Director | Mohammed Bin Hamouda |
| Director | Nasser Ahmed Khalifa Al Suweidi |
| Chairman | Obaid Saif Al Nasseri |
| Director | Salem Rashed Al Neyadi |
Stock Performance
Market Information
| Stock | UAE Index | |
| Last Closing | AED 6.41 | 5063.31 |
| YTD % |  30.268% |  -0.29% |
| Weekly % | -1.687% | -1.92% |
| Year High | AED 6.54 | 5418.77 |
| Year Low | AED 4.44 | 4472.14 |
| 52 Week High | AED 6.54 | 5418.77 |
| 52 Week Low | AED 3.91 | 3504.54 |
| BETA | 1.2951 | |
| Outstanding Shares | 1,923,529,407 | |
| Market Cap | AED 12,329,823,499 | |
| Market Cap in $ | USD $3,356,880,887 | |
| % of UAE Market | 1.46% | |
| % of Sector | 4.23% | |
| Rank by Cap | 20 |
Key Figures in '000 AED
| 2005 | 2004 | 2003 | |
| Total Assets | 22,189,405 | 12,687,169 | 9,220,713 |
| Shareholder's Equity | 2,022,593 | 1,435,643 | 1,330,419 |
| NIAT | 344,496 | 122,910 | 100,560 |
| Dividends | N/A | 70,000 | 70,000 |
Financial Ratios
| 2005 | 2004 | 2003 | |
| Assets Growth | 74.90% | 37.59% | 16.17% |
| Earning Growth | 180.28% | 22.23% | 32.97% |
| ROaA | 1.98% | 1.12% | 1.17% |
| ROaE | 19.92% | 8.89% | 7.79% |
| No. Of Shares | 100,000,000 | 100,000,000 | 100,000,000 |
| EPS | 3.44 | 1.23 | 1.01 |
| EPS Growth | 180.28% | 22.23% | 32.97% |
| Payout Ratio | N/A | 56.952 | 69.61 |
Valuation Ratios
| Trailing | |
| PE | 35.79 |
| PB | |
| DVPS | N/A |
| Div Yield | N/A |
| EV | 14,200,000.00 |
| EV/Equity | 7.02 |
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