Abu Dhabi Islamic Bank (ADIB), a leading financial institution, received eight prestigious awards from EMEA Finance, including both house and deal accolades, at the Achievement Awards 2018.
ADIB received the “Best Islamic Finance House” award for a second consecutive year, highlighting ADIB’s financial acumen and deep commitment to the development of Islamic finance in capital markets.
The bank also won seven other categories: “Best Financial Institution Sukuk” for its US$750mn Tier 1 perpetual sukuk; “Best Islamic Borrower” and “Most Innovative Islamic Facility”, for ADIB’s work with Emirates Steel Industrial on its $ 400mn facility; “Best Syndicated Ijara Facility”; “Best Syndicated Murabaha facility” for United Eastern Medical’s AED750mn facility; “Best Corporate Sukuk” (under US$500mn) for NMC Healthcare’s US$400mn five year sukuk; and “Best Green Sukuk” for ADIB’s landmark role in Indonesia’s US$1.25bn five year green sukuk, the world’s first green sukuk.
Amir Riad, Head of Corporate Finance and Investment Banking, at ADIB said: “Winning these eight prestigious awards from EMEA Finance is a stellar achievement for ADIB. It is also a testament to all the hard work our team puts to maintain our market-leading position and provide a seamless experience for our clients. ADIB has built significant experience and expertise working on landmark deals across the Middle East and we are able to add significant value to our partners across a wide range of innovative products and landmark transactions.”
The EMEA Finance Achievement Awards recognise the standout transactions in capital markets across Central & Eastern Europe, the Middle East and Africa. Winners are chosen by EMEA Finance’s editorial team. EMEA Finance is a leading bi-monthly global industry publication that reports on the major financial events involving the international financial industry in Europe, Middle East, and Africa.
ADIB has a long-standing track record of awards, including: “Best Islamic Financier” at the International Trade Finance Awards 2019, “World’s Best Islamic Bank” by the FT’s The Banker Magazine, “Best Premium Banking Service in the UAE” from Banker Middle East; and “Best Islamic Bank” at the EMEA Banking Awards.
