* ADIB Q3 net profit 508.9 mln dhs vs 503.2 mln dhs yr-ago

* ADIB Q3 provisions, impairment charges rise to 267.7 mln dhs

(Adds details, quotes)

ABU DHABI, Oct 24 (Reuters) - Abu Dhabi Islamic Bank ADIB.AD (ADIB) reported nearly flat third quarter net profit on Monday, the latest bank in the United Arab Emirates to suffer from a rise in bad loans as a result of the economic impact of lower oil prices.

Dubai Islamic Bank DISB.DU , the UAE's largest Islamic lender, earlier posted a 9.9 percent drop in third-quarter net profit, partly due to a rise in impairment charges. urn:newsml:reuters.com:*:nD5N1CO030

ADIB, Abu Dhabi's largest sharia-compliant bank, made a net profit of 508.9 million dirhams ($139 million) in the three months ending Sept. 30, compared to 503.2 million dirhams in the same period a year ago, up 1.1 percent, it said in a statement.

EFG Hermes forecast the bank would make a net profit of 494.5 million dirhams in the quarter. urn:newsml:reuters.com:*:nL8N1CT0K3

Earlier this month, ADIB chief executive Tirad al-Mahmoud told Reuters the bank's earnings in the second half would be similar to the opening six months of 2016. urn:newsml:reuters.com:*:nD5N1A502N

"The bank has taken a prudent view on credit extension and capital management while continuing our conservative practice of building provisions, given the ongoing challenging global economic environment," al-Mahmoud said in the statement.

ADIB booked credit provisions and impairment charges totalling 267.7 million dirhams in the third quarter, compared to 193.0 million dirhams in the year-ago period.

Net revenues in the third quarter were up 7 percent, reaching 1.37 billion dirhams compared to 1.28 billion dirhams in the prior-year quarter.

The bank currently has over 903,000 customers, having added 48,000 new customers in the year to the third quarter, the statement said. ($1 = 3.6726 UAE dirham)

(Reporting by Stanley Carvalho and Tom Arnold; Editing by David French and Alexander Smith) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))

Keywords: ABU DHABI BK RESULTS/