ADIB Strengthens Partnership with Jubail Investment Company to Deliver Landmark Jubail Island Development in Abu Dhabi

Abu Dhabi, UAE – Abu Dhabi Islamic Bank (ADIB) has solidified its position as a pivotal player in large-scale real estate development through its strategic alliance with Jubail Investment Company (JIC). The Jubail Island project, which has been exclusively financed by ADIB from its inception to completion, exemplifies the bank’s comprehensive approach to facilitating significant developments across the UAE.

Comprehensive Financing Solutions

The partnership enhances ADIB’s ability to offer end-to-end financing solutions, merging corporate banking expertise with a leading retail home finance offering. From the initial structuring and funding of the project to enabling home ownership for end buyers, ADIB has served as a singular financial partner, ensuring the successful advancement and delivery of Jubail Island.

In a move to further augment the financial services available to customers investing in properties within the Jubail Island developments, ADIB and JIC have signed a Memorandum of Understanding (MoU). This agreement will enable ADIB to provide a wide array of Shari’a-compliant financial products, including home financing, personal finance, and customized banking services for JIC clients. Additionally, ADIB’s property management division, MPM Properties, will oversee property management services for the Jubail Island project, facilitating coordinated customer engagement and joint marketing efforts.

Strategic Vision for Sustainable Development

Mohamed Abdelbary, Group Chief Executive Officer of ADIB, emphasized the significance of the partnership, stating that it reflects the bank’s capacity to support transformative real estate projects through a fully integrated banking model. He noted that by backing this project from its inception to delivery, ADIB has reinforced its integrated banking framework, which combines corporate financing with home finance, banking solutions, and property management capabilities to assist customers and partners throughout the entire real estate lifecycle.

Mounir Haidar, Managing Director and Board Member for JIC, highlighted that Jubail Island is envisioned as a strategic contribution to Abu Dhabi’s long-term vision of creating sustainable, future-ready communities. He remarked that the partnership with ADIB aligns visionary master planning with integrated, Sharia-compliant financial solutions, facilitating a development that promotes economic diversification and positions Abu Dhabi as a global destination for refined, nature-oriented living.

Enhancing Corporate Profile and Economic Impact

ADIB’s involvement in Jubail Island underscores its expanding corporate profile in financing large-scale developments and its proficiency in structuring transactions that yield long-term value. The successful realization of Jubail Island further cements ADIB’s reputation as a reliable partner for clients seeking trustworthy, Sharia-compliant financing solutions. Through robust partnerships and a comprehensive financial portfolio, ADIB continues to bolster the growth of the UAE’s economy while offering clients tailored home finance options.

About Abu Dhabi Islamic Bank (ADIB)

Abu Dhabi Islamic Bank PJSC is a prominent Islamic financial institution in the UAE, boasting assets totaling AED 281 billion. ADIB integrates the principles of Islamic finance with innovative digital capabilities to provide a seamless, customer-centric banking experience. The bank offers a broad range of Retail, Corporate, Business, Private Banking, and Wealth Management solutions, supported by advanced online, mobile, and phone banking platforms that ensure secure, intuitive, and 24/7 access to financial services.

Established in 1997 and listed on the Abu Dhabi Securities Exchange (ADX), ADIB has cultivated a strong regional and international presence across six strategic markets, including Egypt, Saudi Arabia, the United Kingdom, Qatar, and Iraq. Recognized as the World’s Best Islamic Bank by The Financial Times – The Banker, ADIB has a proven history of innovation, having introduced award-winning products and a diverse range of Sharia-compliant financing solutions.

About Jubail Island

Jubail Island is Abu Dhabi’s premier nature-led, master-planned destination, covering over 40 million square meters and strategically located between Yas Island and Saadiyat Island. Developed by LEAD Development under Jubail Island Investment Company (JIIC), the island is designed as a low-density sanctuary that harmoniously integrates luxury living with the rich biodiversity of its surrounding mangrove ecosystem.

The development features a collection of exclusive residential villages that promote a lifestyle centered on wellness, privacy, and a deep connection to nature, all while being in proximity to Abu Dhabi’s cultural and entertainment landmarks. The destination includes a diverse array of residential, retail, leisure, and community offerings, such as schools, mosques, nurseries, sports facilities, community centers, and a curated selection of dining and retail experiences.

At the core of the island lies the Jubail Island Mangrove Park, an eco-destination that invites visitors to explore the UAE’s natural mangrove habitat through boardwalk experiences and kayaking. Key amenities already operational include Jubail Mangrove Park and its Crane Café, Spinneys supermarket at Souk Al Jubail, as well as sports courts, jogging and cycling tracks, and children’s play areas.

For further details, visit Jubail Island.

About MPM Properties LLC

MPM Properties LLC, a subsidiary of Abu Dhabi Islamic Bank Group (ADIB), is a leading real estate consultancy in the UAE with over 20 years of experience. With experts managing more than AED 200 billion in assets, MPM provides Sharia-compliant real estate solutions, including property and asset management, sales and leasing, RICS valuations, advisory, strategic consulting, and project management.

Regulated by the Royal Institution of Chartered Surveyors (RICS), MPM adheres to the highest international standards, serving investors, developers, institutions, and individuals across the UAE and beyond. Recognized for its commitment to excellence and employee well-being, MPM Properties was voted one of the Best Places to Work in 2025.

For more information, visit MPM Properties.

For media inquiries, please visit ADIB or contact:

ADIB
Lamia Khaled Hariz
Weber Shandwick
adib@webershandwick.com

Published on 2026-04-02 16:27:00 • By the Editorial Desk

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