Adib
“Can a UAE Islamic bank build a fully digital, Shari'a-compliant financial platform—spanning BNPL, open finance, SME lending, and Takaful—within the CBUAE's emerging open banking framework?”
HQAbu Dhabi, United Arab Emirates
IndustryBank / National
The story
Abu Dhabi Islamic Bank is a Shari'a-compliant full-service bank licensed by the Central Bank of the UAE. It has progressively expanded its digital capabilities, launching a mobile-first BNPL product and adopting Mastercard Installments for its merchant acquiring arm (ADIMAC). ADIB is now participating in the UAE's Open Finance regulatory framework under CBUAE regulations, positioning itself as a data-sharing LFI (Licensed Financial Institution) within the UAE open banking ecosystem.
Product timeline
2024
ADIB published Open Finance Terms & Conditions in compliance with CBUAE Open Finance Regulations (Federal Decree-Law No. 6 of 2025).· banking
Regulated entities
1
regulatory licence held by Adib
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
Same company
Adib was analysed under more than one name on the same domain, so its stack is split across these dossiers. Each was analysed independently and may name providers the others do not.
The stack
3 layers disclosed in Adib’s embedded-finance stack
Banking / BaaS
Lending
in the full report
Insurance
in the full report
Accounting gap: none
5 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.