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Abu Dhabi Islamic Bank Shareholders OK Proposed AED2 Billion Rights Issue
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01:40 AM EDT, 10/07/2026 (MT Newswires) -- Abu Dhabi Islamic Bank (ADX:ADIB) secured shareholder approval for its proposed rights issue to raise 1.75 billion Emirati dirhams. The Emirati lender plans to issue 106,383,000 shares at 16.45 dirhams each, raising its issued and paid-up share capital to 3.74 billion dirhams from 3.63 billion dirhams, according to a Wednesday release. The capital raise is expected to boost the bank's capital base and support the next phase of growth under its Vision 2035 strategy.
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