Two prestigious magazines have recently named Abu Dhabi Islamic Bank (ADIB) – Egypt as the best Islamic bank in the region. ADIB-Egypt has received the Best Islamic Bank in North Africa for 2016 award from the Islamic Business and Finance (IBF) and the Best Islamic Retail Bank award from Banker Africa magazine. IBF is one of the most renowned banking and economic publications offering annual awards to recognize Islamic banks and financial institutions that demonstrate the highest industry standards and that constantly strive to develop Islamic finance. Banker Africa is widely recognized as the only pan-African monthly banking title voicing Africa's banking elite. Zohair Edris, acting CEO for ADIB-Egypt, said the awards are a testament to ADIB-Egypt's continuous efforts and devotion to meet the ever growing and sophisticated demands of its customers. The IBF and Banker Africa awards are new additions to ADIB Egypt's record as it was named earlier in April the Best Islamic Financial Institution in Egypt' for the year 2016 award by Global Finance Magazine. In 2015, the bank won six international awards including: Islamic Finance News (IFN)'s the "Best Islamic Bank for Treasury Management", "Best Islamic Private Bank", "Best Islamic Bank – North Africa", and "Most Innovative Islamic Bank", alongside Banker Africa's "Best Islamic Corporate Bank in North Africa", "Best Islamic Commercial Bank in Africa".
