INDEX / DIRECTORY / ABU DHABI ISLAMIC BANK / POLITICAL

Abu Dhabi Islamic Bank POLITICAL

POLITICAL AUDIT UPDATED 2026-09-22
Political Score 2.83 /10 D Abu Dhabi Islamic Bank - BDS-1000 236
Political 2.83

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Corporate Communications & Public Stance

On 16 September 2020, Abu Dhabi Islamic Bank (ADIB) announced a memorandum of understanding (MoU) with Israel’s Bank Leumi to explore cooperation in the UAE, Israel, and other international markets 1, 2.

ADIB described prospective areas of cooperation as cash management, trade finance, corporate accounts, and foreign-exchange services, and framed the MoU as aligned with the commercial and economic objectives of the Abraham Accords 1, 2.

ADIB repeated the Bank Leumi MoU as a business highlight in its Q3 2020 management discussion and analysis 3.

The available primary documents describe an exploratory MoU rather than a completed transaction, implemented service arrangement, or continuing operational relationship 1, 2.

No public evidence identified of a later ADIB statement on Gaza, Palestinian civilian harm, the October 2023 escalation, the July 2024 ICJ advisory opinion, or the November 2024 ICC arrest warrants.

Operations in Occupied or Contested Territories

The 2023 OHCHR settlement-business database lists Bank Leumi Le-Israel B.M. under activity codes “(e), (f), (g),” while the supplied document-scoped review found no mention of ADIB in that database 4, 5.

ADIB’s 2020 MoU was with Bank Leumi, but ADIB’s announcement did not state that ADIB operated in settlements, the West Bank, East Jerusalem, Gaza, the Golan Heights, or other occupied territory 1, 4.

Who Profits’ 2013 report described Bank Leumi’s historical involvement in settlement mortgages, services to settlement authorities, settlement construction financing, and the Jerusalem light rail; this secondary NGO evidence is not evidence of ADIB conduct 6.

Who Profits’ current Bank Leumi profile describes settlement-linked financing and services, including stated 2024 financing connected with Jerusalem’s Blue Line light rail, but no underlying contract or tender was retrieved in the supplied research record 7.

ADIB’s 2025 consolidated-subsidiary table identifies group entities in the UAE, Egypt, the United Kingdom, the British Virgin Islands, and the Cayman Islands, and does not list an Israeli, West Bank, East Jerusalem, Gaza, Golan Heights, or settlement-incorporated subsidiary 8.

The supplied full-text review found no mention of ADIB in the 2023 OHCHR database, the 2025 OHCHR update, or UN Human Rights Council report A/HRC/59/23, which is a document-scoped result rather than proof of no wider commercial relationship 5, 9, 10.

No public evidence identified of ADIB branches, subsidiaries, direct service contracts, equipment, or retail operations in Israeli settlements, the West Bank, East Jerusalem, or the Golan Heights.

Internal Governance, Content & Retail Policies

No public evidence identified of ADIB employee discipline, employment litigation, union disputes, content moderation, editorial-policy conduct, or settlement-product labelling connected to Israel-Palestine.

ADIB is a UAE-licensed public joint-stock bank whose reported business includes Islamic banking, equity brokerage, real-estate services, fund services, manpower supply, and special-purpose vehicles through its consolidated group 8, 11.

The reviewed materials do not identify ADIB as operating a consumer retail supply chain for which settlement-origin product sourcing or labelling would be applicable 8, 11.

Brand Heritage & State Partnerships

ADIB expressly linked its 2020 Bank Leumi MoU to the Abraham Accords’ commercial and economic objectives, constituting a state-normalisation-related commercial framing rather than evidence of a defence or military partnership 1, 2.

ADIB’s official leadership materials identify Vice Chairman Faisal Sultan Naser Salem Al Shuaibi as Director General at the UAE Ministry of Interior, Khalifa Matar Khalifa Saif Al Mheiri as an Executive Director at Abu Dhabi Investment Authority, and Abdulla Ali Musleh Jumhour Al Ahbabi as having held senior Abu Dhabi public-sector positions 12.

These recorded UAE-linked external roles do not themselves evidence Israel-related state partnership activity 12.

No public evidence identified of ADIB marketing Israeli military heritage, Israeli state-security ties, settlement sponsorship, or “Brand Israel” programming.

Lobbying, Advocacy, Financing & Logistics

The 2020 MoU contemplated prospective banking support for UAE and Israeli organisations through cash management, trade finance, corporate accounts, and foreign-exchange services, without disclosing committed capital, completed transactions, or operational launches 1, 2.

The MoU was signed for ADIB by then Vice Chairman Khamis Buharoon and for Bank Leumi by then president and CEO Hanan Friedman 1, 2.

No public evidence identified of ADIB corporate lobbying, PAC activity, political contributions, donations to the IDF, Friends of the IDF, Jewish National Fund, settlement organisations, military-welfare bodies, or conflict-period asset mobilisation.

ADIB stated in March 2026 that customers had donated more than AED150 million through its mobile-app donation facility during 2025 to 14 UAE-licensed charities, including Emirates Red Crescent, Dar Al Ber Society, and Beit Al Khair Society 13.

That disclosure describes customer-facilitated transfers rather than an ADIB corporate donation and identifies no Israel- or Palestine-specific recipient 13.

Corporate Structure & Primary Mission

The 2025 audited consolidated financial statements identify the reporting entity as Abu Dhabi Islamic Bank PJSC and describe the consolidated group as the Bank and its subsidiaries 8.

ADIB’s shareholder page reports 3.632 billion shares as of 31 December 2025, with Emirates International Investment Company LLC holding 1,431,110,701 shares, or 39.40 percent, and Emirates National Bank of Dubai PJSC holding 246,223,389 shares, or 6.78 percent 14.

ADIB states that no other investor directly held more than 5 percent, UAE nationals must hold 60 percent of shares, and non-nationals may hold no more than 40 percent, subject to a 5 percent limit per shareholder 14.

A 2015 ADIB investor presentation stated that National Holding was ADIB’s main shareholder through EIIC and described EIIC as wholly owned by members of the Abu Dhabi Royal Family, but the current shareholder page does not confirm that ultimate-ownership description 15, 14.

The reviewed record does not establish EIIC’s current ultimate beneficial ownership, majority ownership, or de facto control beyond its reported 39.40 percent holding 14, 15.

ADIB’s 2025 subsidiary list includes Abu Dhabi Islamic Bank–Egypt, ADIB Securities, Burooj Properties, MPM Properties, ADIB Invest 1, Kawader Services, ADIB (UK), ADIB Capital, and several controlled special-purpose vehicles 8.

ADIB Securities identifies itself as an ADIB subsidiary licensed by the UAE Securities and Commodities Authority under licence number 604041 11.

No public evidence identified in the reviewed corporate record that ADIB’s founding mandate, charter, or primary mission expressly advances Israeli state geopolitical objectives or Israeli settlement infrastructure.

Executive & Leadership Footprint

ADIB’s 2025 annual report lists H.E. Jawaan Awaidha Suhail Al Khaili as Chairman and Faisal Sultan Naser Salem Al Shuaibi as Vice Chairman, alongside Khalifa Mazur Al Mehairi, Najib Youssef Fayyad, Abdullah Ali Musleh Jumhour Al Ahbabi, Abdul Wahab Al Halabi, and Maha Mohammed Al Qattan as directors during 2025 8.

ADIB announced Mohamed Abdelbary’s appointment as Group Chief Executive Officer effective 30 October 2024, and continued to identify him as Group CEO in subsequent corporate materials 16, 17.

ADIB’s leadership biographies record external roles for Chairman Al Khaili at National Holding, Emirates Link Group, and Ittihad International Investment; for Abdul Wahab Al-Halabi at Embassy Capital; for Khalifa Al Mheiri at ADIA and ADIB Egypt; and for Najib Youssef Fayyad at National Holding 12.

No public evidence identified in the supplied record of personal Israel-related donations, military-welfare financing, settlement-group affiliations, anti-BDS advocacy, or conflict statements by ADIB’s named leadership.

Footnotes

  1. https://static.mubasher.info/File.Mix_Announcement_File/6790BCBC-D1EE-4C21-8931-B295D02839F7.pdf ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  2. https://apigateway.adx.ae/adx/cdn/1.0/content/download/2159692 ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  3. https://www.adib.com/en/SiteAssets/MDAs/ADIB_Q3_2020_MDA_English.pdf ↩

  4. https://www.ohchr.org/sites/default/files/documents/hrbodies/hrcouncil/sessions-regular/session31/database-hrc3136/23-06-30-Update-israeli-settlement-opt-database-hrc3136.pdf ↩ ↩2

  5. https://docs.un.org/en/A/HRC/53/25 ↩ ↩2

  6. https://www.whoprofits.org/publications/report/30 ↩

  7. https://www.whoprofits.org/companies/company/3790/ar ↩

  8. https://www.adib.ae/-/media/project/adib/adibsite/docs/investor-relations/annual-reports/2026/annual-report-2025-en.pdf ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  9. https://docs.un.org/en/A/HRC/59/23 ↩

  10. https://docs.un.org/en/A/HRC/60/19 ↩

  11. https://www.adibsecurities.ae/en/Pages/default.aspx ↩ ↩2 ↩3

  12. https://www.adib.ae/en/about/our-leadership ↩ ↩2 ↩3

  13. https://www.adib.ae/en/news/2026/mar/adib-drives-community-giving-through-its-mobile-app ↩ ↩2

  14. https://www.adib.ae/en/investor-relations/shareholders/shareholder-structure ↩ ↩2 ↩3 ↩4

  15. https://www.adib.ae/en/siteassets/investorpresentationspdf/investor_presentation_q1_2015.pdf ↩ ↩2

  16. https://www.adib.ae/en/news/2024/oct/adib-appoints-mohamed-abdelbary - as-group-chief ↩

  17. https://www.adib.ae/en/about ↩