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Abu Dhabi Islamic Bank Share Subscription Starts November 10

Abu Dhabi Islamic Bank Share Subscription Starts November 10

Abu Dhabi Islamic Bank has announced the start of the rights issue to increase its capital, scheduled from November 10 to November 24, 2026. The increase aims to issue up to 106.383 million new shares with a total value of up to AED 1.75 billion, in support of the bank's growth in line with Vision 2035 and to achieve sustainable value for shareholders. All registered shareholders as of November 2, 2026, will be entitled to subscribe to one share for every 34.14 shares they hold. The rights to subscribe will be tradable from November 4 to November 16, and the new shares will begin trading on December 18, 2026. The largest shareholder, Emirates International Investment, has confirmed its intention to exercise all its rights and subscribe to the new shares to support the growth strategy.

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