ADIB Egypt Remarkable Journey: Celebrating 37 Global Awards in 2023

ADIB Egypt’s Remarkable Journey: Celebrating 37 Global Awards in 2023

In the ever-evolving landscape of banking, Abu Dhabi Islamic Bank – Egypt (ADIB) has consistently stood out as a leading player, receiving a staggering 37 awards from major international financial institutions. This year’s achievements surpass the 20 awards of 2022, showcasing the bank’s unwavering commitment to innovation in banking.

Mr. Mohamed Aly -ADIB-Egypt's Remarkable Journey: Celebrating 37 Global Awards in 2023

CEO’s Perspective

Mohamed Aly, CEO, and Managing Director of ADIB-Egypt, expressed gratitude, stating,

“These awards are a testament to the confidence in our leadership of Islamic banking and our dedication to driving progress in digital technology.”

Global Finance Recognition

In the Islamic Finance category, ADIB-Egypt clinched the title of the Best Shariah-Compliant Financial Institution for the sixth consecutive year. The Digital Banks category witnessed the bank securing four prestigious awards, including Best Digital Islamic Bank in Egypt and Best Adaptive Website for mobile banking services.

Euromoney Accolades

ADIB-Egypt’s investment banking arm, ADI Capital, received the Euromoney Islamic Finance Award 2023 for Best Islamic Financing Deal in local currency. This recognition highlighted the EGP 3 billion joint Sharia-compliant financing deal for companies linked to Elsewedy Electric Group. The same transaction earned ADIB-Egypt the Deal of the Year award for 2023 in Africa from The Banker magazine.

ADIB-Egypt's Remarkable Journey: Celebrating 37 Global Awards in 2023

Euromoney’s Survey on Cash Management

In Euromoney magazine’s 2023 survey on cash management, ADIB Egypt was honored as the Best Service Provider in Egypt’s technology sector. The bank also received five additional awards, acknowledging its leadership in social responsibility, small and medium-sized enterprises, digital solutions, and financing for large companies.

ADI Capital received the Investment Leadership Award in Egypt and was acknowledged by British Global Economics as the Best Islamic Bank and Best Bank for Small and Medium-Sized Enterprises in Egypt for 2023.

International Business magazine recognized ADIB-Egypt as the Best Islamic Bank in Egypt and applauded its online banking services as the most innovative. Global Business Review magazine granted two awards, naming ADIB-Egypt the Best Islamic Financial Institution and acknowledging it as the provider of Best Shariah-Compliant Banking Solutions in Egypt.

Additionally, ADIB-Egypt received accolades as the Best Bank for Small and Medium Enterprises and Best Islamic Bank in Egypt in 2023 from Cosmopolitan the Daily Business and Global Brands magazine, respectively.

Moreover, ADIB-Egypt was named the Best Islamic Bank in Egypt for 2023 by Global Business and International Finance magazines, with the latter also awarding the bank the title of Most Innovative Islamic Digital Bank in Egypt.

World Business Stars and Global Business Outlook

World Business Stars magazine presented ADIB-Egypt with the awards for Best Leading Islamic Bank and best bank providing easy-to-use online banking services in Egypt. Global Business Outlook recognized the bank as the fastest-growing investment bank and the most innovative Islamic bank for corporate banking services.

Islamic Retail Banking Awards (IRBA) and Forbes Middle East

ADIB-Egypt’s commitment to excellence in Islamic retail banking was acknowledged by IRBA, receiving the excellence award for Islamic Retail Banking services in Egypt. Forbes Middle East ranked ADIB-Egypt among Egypt’s top 50 listed companies, solidifying its industry standing.

Brands Review and World Business Achievers Magazine

Brands Review magazine recognized ADIB-Egypt as the Best Shariah-Compliant bank and the Best Bank in the Treasury and Capital Markets sector. World Business Achievers magazine applauded ADIB-Egypt with three prestigious titles: Best Islamic Bank for 2023, Best Islamic Bank for Car Financing, and Best Shariah-Compliant Bank.

ADIB-Egypt’s sweep of 37 global banking awards in 2023 showcases its unwavering commitment to excellence and innovation in the banking sector. From Islamic finance to digital banking services, ADIB-Egypt continues to redefine industry standards, solidifying its position as a leading player.

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Written by Raghda El-Sayed

Founder and Editor-in-Chief of El-Shai.com and the crazy cat lady your mother warned you not to become!

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