New ADIB HQ is one of the first UAE buildings to earn LEED Gold Precertification

ADIB implements extensive environmental measures to reduce carbon footprint

Abu Dhabi, 09 February 2012: Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced today that it had been awarded the LEED Pre-Certification for Gold Rating from the US Green Building Council for its proposed new headquarters on Airport Road in Abu Dhabi. The building, which is under construction, will be ready for occupancy in 2013 and will be one of the first to have received such a certification in the UAE.

The new ADIB HQ building has applied best practice design principles. It has concentrated on minimizing energy and water intake and waste output, maximizing recycling and environmental quality. Energy efficiency measures have resulted in cost savings of almost 23.1% and it uses 47.4% less water than a conventional building. Its atrium air conditioning saves 50% energy by utilizing displacement ventilation. The waste recycling strategy plan will provide an estimated saving of 50% yearly on Abu Dhabi Municipality charges.

Tirad Mahmoud, CEO of ADIB said: "We are mindful of the UAE government's target of a 20% reduction in carbon footprint by 2015. Our new headquarters demonstrate our support which is confirmed by the Gold LEEDS certification. Recognizing innovative construction methods, sustainable use of resources and a design that prioritizes the needs of the wider environment and society, we have demonstrated that we are an environmentally aware bank. We are looking to further reduce the consumption of the bank's energy, water and consumables as we contribute to the development of an eco-friendly UAE."

LEED certification is the recognized standard for measuring building sustainability. Developed and administered by the U.S. Green Building Council to promote design and construction practices, it increases profitability while reducing negative environmental impacts.

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About ADIB:
Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Emiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18th April 1999. 

ADIB's vision is to be a top-tier, global Islamic financial services group and its mission is to provide Islamic financial solutions to the global community. 

The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari'a principles. 

ADIB's core values, reflected in all its activities are: Simple and Sensible; Transparent; Mutual Benefit; Hospitality and Tolerance; and Shari'a inspired. It brings to its customers banking as it should be.

ADIB - Awards:

  • ADIB was named the "Best Overall Bank in the UAE in customer service" for 2011 by Ethos Consultancy

  • ADIB won the" Best Branch Award in the UAE" for 2011 by Ethos Consultancy

  • ADIB was named the "Best Islamic Bank in the UAE" for 2011  by Global Finance Magazine

  • ADIB was named Best Islamic Bank by Business Banking and Finance Magazine

  • ADIB won Best Corporate Bank by Business Banking and Finance Magazine

  • ADIB was named "The Best Islamic Bank" in the Middle East region for the second year running at the Banker Middle East Industry Awards 2011.

  • ADIB was nominated as "Fastest Growing Bank in the UAE" by the awards jury at the Banker Middle East Industry Awards 2011.

  • ADIB was named "The Best Islamic Bank in the region" in the Middle East at the Banker Middle East Industry Awards 2010

  • ADIB won the "Best Islamic Bank in the region" at the 2010 Islamic Banking and Finance Awards organized by CPI Financial.

  • ADIB was named "Best Islamic Bank in the UAE" at the Islamic Finance News Awards 2010.

  • ADIB won the best Islamic bank in the UAE by EMEA Finance.

  • ADIB won the "Best UAE Deal" award at the Islamic Finance News Awards 2010.

  • ADIB also won the "HRD Award" from the Emirates Institute of Banking & Financial Studies.

  • ADIB's GHINA saving program won the "Best Savings Account Award" at the Banker Middle East Product Awards 2010.

  • ADIB won the "Best Private Sector Customer Service Team" award at the 2010 UAE Customer Service Week forum, held by The International Customer Service Institute UK.

  • ADIB won the "Most Improved Bank" in service excellence and got the top rank in "Call Centre Performance" in the 6th Annual Bank Benchmarking Index for service excellence by Ethos Consultancy.

  • ADIB also won the award for "Best Branding Category" at the 2010 Islamic Banking and Finance Awards organized by CPI Financial.

  • ADIB won the "Best SME Card" at the 4th Annual Banker Middle East Product Awards 2011.

  • ADIB won the "Best Ladies Banking Service" at the 4th Annual Banker Middle East Product Awards 2011.

    • © Press Release 2012