ADIB Opens Subscription for AED1.75 Billion Capital Raise

Abu Dhabi Islamic Bank invites shareholders to participate in rights issue from November 10th, strengthening its capital base as it advances its Vision 2035 strategic priorities.

The subscription period for Abu Dhabi Islamic Bank’s substantial capital raise has commenced, opening a window for eligible shareholders and rights holders to participate in one of the Emirates’ significant financial transactions this year. From 10 November through 24 November 2026, shareholders may subscribe for new shares at AED 16.45 each, with the overall rights issue valued at AED 1.75 billion.

The allocation formula reflects the bank’s measured approach to the capital raise: those registered as shareholders on 2 November 2026 received one right for every 34.14 existing ADIB shares held. This structure ensures existing shareholders retain priority access whilst allowing new investors who purchase rights during the trading period to participate on equal terms. The rights themselves trade on the Abu Dhabi Securities Exchange until 16 November under the symbol ADIBRI26, providing liquidity for those managing their positions.

Subscription channels reflect the bank’s commitment to accessibility. ADIB account holders can subscribe through the ADIB Mobile App using their existing digital credentials, whilst broader access is available through the ADX ePortal and participating ADIB branches. The bank serves as Sole Receiving Bank for the entire process, centralising applications and ensuring orderly administration throughout the subscription window. Trading in the newly issued shares is scheduled to commence on the exchange on 18 December 2026, completing the transition from rights to listed securities.

As we reported in October, ADIB shareholders approved the AED1.75 billion rights issue to strengthen capital and support Vision 2035 expansion strategy. More recently, rights trading opened on the Abu Dhabi Securities Exchange, allowing shareholders to exchange their allocations ahead of the subscription deadline.

The capital raise represents a deliberate investment in the bank’s future. By strengthening its capital position now, ADIB positions itself to pursue strategic priorities under Vision 2035 whilst maintaining focus on sustainable long-term value creation for shareholders. Shareholders who do not take up their full entitlement will retain their existing shares, though their ownership percentage will be diluted following issuance of the new shares.

What it means for Abu Dhabi

This capital raise underscores the robustness of Abu Dhabi’s financial sector and the confidence of investors in the emirate’s Islamic banking institutions. ADIB’s expansion strategy, supported by this fresh capital, contributes to the diversification and deepening of the financial services ecosystem that anchors Abu Dhabi’s economy.

The successful execution of the rights issue demonstrates the effectiveness of the UAE’s capital markets infrastructure and the sophistication of its regulatory framework. For shareholders and investors, it presents an opportunity to participate in the growth trajectory of one of the region’s leading Islamic financial institutions during a period of strategic expansion and digital transformation.

Source: WAM

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