ABU DHABI, Feb 14 (Reuters) - Abu Dhabi Islamic Bank ADIB.AD on Tuesday posted a 4.7 percent fall in fourth quarter profit, according to a statement.

The emirate's largest sharia-compliant bank made a net profit of 455.1 million dirhams ($124.0 million) in the three months ending Dec. 31, compared to 477.4 million dirhams in the same period a year ago, it said in a statement.

EFG Hermes forecast the bank would make a net profit of 455.0 million dirhams in the quarter.

The bank's board proposed a cash dividend of 24.52 percent for 2016, the statement said, slightly up from 24.27 percent the year before.

(Reporting By Stanley Carvalho, editing by Tom Arnold) ((stanley.carvalho@thomsonreuters.com; + 9712 6444431; Reuters Messaging: stanley.carvalho.thomsonreuters.com@reuters.net))