03/04/2026 09:02 AST
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail Investment Company (JIC).
The Jubail Island project, solely financed by ADIB from inception through to completion, reflects the bank's integrated approach to supporting landmark developments across the UAE, it said.
The partnership reinforces ADIB's capability to provide end-to-end financing solutions, combining corporate banking expertise with a market-leading retail home finance proposition. From initial project structuring finance and funding to facilitating home ownership for end buyers, ADIB has acted as a one-stop financial partner, supporting the successful progress and delivery of Jubail Island.
Building on this long-standing collaboration, ADIB and Jubail Investment Company have signed a memorandum of understanding (MoU) to further enhance financial services available to customers financing properties within Jubail Island developments in the UAE.
Under the MoU, ADIB will provide a comprehensive range of Shari'a-compliant finance including home financing, personal finance, and tailored banking services for JIC customers. In addition, ADIB's property management arm, MPM Properties, will provide property management services for the Jubail Island project. The collaboration also provides for coordinated customer engagement and joint marketing initiatives.
Mohamed Abdelbary, Group Chief Executive Officer of ADIB, said: "Our partnership with Jubail Investment Company reflects ADIB's ability to support transformative real estate developments through a fully integrated banking model. By supporting this project from inception through to delivery, we have reinforced our integrated banking model combining corporate financing with home finance, banking solutions, and property management capabilities to support customers and partners across the full real estate lifecycle."
Mounir Haidar, Managing Director and Board Member for JIC, said: "Jubail Island was envisioned as more than a residential development, it is a strategic contribution to Abu Dhabi's long-term vision of building sustainable, future-ready communities that enhance quality of life while preserving the emirate's natural heritage. Our partnership with ADIB aligns visionary master planning with integrated, Sharia-compliant financial solutions. Together, we are enabling a development that supports economic diversification, attracts investment and reinforces Abu Dhabi's position as a global destination for refined, nature-led living."
ADIB's involvement in Jubail Island highlights its growing corporate profile in financing large-scale developments and its ability to structure transactions that deliver long-term value.
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