“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?”
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.
Adib discloses Abu Dhabi Islamic Bank PJSC (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Adib does not disclose a bank charter of its own; its banking services are provided through Abu Dhabi Islamic Bank PJSC (in-house).
Adib's embedded insurance is provided by Islamic Arab Insurance Company (SALAMA).
The Embedded Finance Index 2026 maps 3 layers in Adib's stack: Banking / BaaS (Abu Dhabi Islamic Bank PJSC (in-house)); Lending (Small Business Finance (working capital, up to AED 2M), CAPEX Finance (Equipment, Machinery, Auto), ADIB BNPL (Buy Now Pay Later, 3–6 month debit card installments) and Mastercard Installments (pay-in-four BNPL via ADIMAC merchant services)); Insurance (Islamic Arab Insurance Company (SALAMA)).
Adib is headquartered in Abu Dhabi, United Arab Emirates.
Get a read on where your own stack stands against Adib and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.