Abu Dhabi, UAE XX April 2026:
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail Island Investment Company (JIIC). The Jubail Island project, solely financed by ADIB from inception through to completion, reflects the Bank’s integrated approach to supporting landmark developments across the UAE.
The partnership reinforces ADIB’s capability to provide end-to-end financing solutions, combining corporate banking expertise with a market-leading retail home finance proposition. From initial project structuring and funding to facilitating home ownership for end buyers, ADIB has acted as a one-stop financial partner, supporting the successful progress and delivery of Jubail Island.
Building on this long‑standing collaboration, ADIB and Jubail Island Investment Company have signed a Memorandum of Understanding (MoU) to further enhance financial services available to customers financing properties within Jubail Island developments in the UAE.
Under the MoU, ADIB will provide a comprehensive range of Shari’a‑compliant finance including home financing, personal finance, and tailored banking services for JIIC customers. In addition, ADIB’s property management arm, MPM Properties, will provide property management services for the Jubail Island project. The collaboration also provides for coordinated customer engagement and joint marketing initiatives.
Mohamed Abdelbary, Group Chief Executive Officer of ADIB, said:
“Our partnership with Jubail Island Investment Company reflects ADIB’s ability to support transformative real estate developments through a fully integrated banking model. By supporting this project from inception through to delivery, we have reinforced our integrated banking model combining corporate financing strength with home finance, banking solutions, and property management capabilities to support customers and partners across the full real estate lifecycle. “
Mounir Haidar, Managing Director and Board Member for JIIC, said:
“Jubail Island was envisioned as more than a residential development, it is a strategic contribution to Abu Dhabi’s long-term vision of building sustainable, future-ready communities that enhance quality of life while preserving the emirate’s natural heritage. Our partnership with ADIB aligns visionary master planning with integrated, Sharia-compliant financial solutions. Together, we are enabling a development that supports economic diversification, attracts investment and reinforces Abu Dhabi’s position as a global destination for refined, nature-led living.”
ADIB’s involvement in Jubail Island highlights its growing corporate profile in financing large-scale developments and its ability to structure complex transactions that deliver long-term value. The successful delivery of Jubail Island further strengthens ADIB’s track record as a trusted partner for customers seeking reliable, Sharia-compliant financing solutions. Through strong partnerships and a comprehensive financial offering, ADIB continues to support the growth of the UAE’s economy while providing customers with best-in-class home finance propositions tailored to their needs.
About Abu Dhabi Islamic Bank PJSC (“ADIB”)
Abu Dhabi Islamic Bank PJSC (“ADIB”) is a leading Islamic bank in the UAE, with assets of AED 281 billion. ADIB combines the principles of Islamic finance with innovation and advanced digital capabilities to deliver a seamless, customer-centric banking experience.
The bank offers a comprehensive suite of Retail, Corporate, Business, Private Banking, and Wealth Management solutions, supported by world-class online, mobile, and phone banking platforms that provide clients with secure, intuitive, and 24/7 access to their financial services.
Established in 1997 and listed on the Abu Dhabi Securities Exchange (ADX), ADIB has built a strong regional and international presence across six strategic markets, including Egypt (where it operates 70 branches), the Kingdom of Saudi Arabia, the United Kingdom, Qatar, and Iraq.
Recognised as the World’s Best Islamic Bank by The Financial Times – The Banker, ADIB has a proven track record of innovation. The bank has pioneered award-winning products such as the Ghina savings account, co-branded cards with Emirates Airline, Etihad Airways, MAF and Etisalat, and a broad range of Sharia-compliant financing solutions, continuously enhancing client experience through smart, digital-first innovation.
For media information, please visit www.adib.ae or contact:
ADIB Lamia Khaled Hariz Direct: +971 2 6927427 Mobile: +971506824207 | Weber Shandwick |
