For an optimal experience please rotate your device to portrait mode
Abu Dhabi Islamic Bank PJSC, acting as a receiving bank, presents you with the opportunity to subscribe to ALEC’s IPO on the DFM
Longstanding track record of financial and commercial success
Operational excellence underpinned by selective tendering process, robust risk management framework, and an innovative approach
Unparalleled capabilities to deliver large-scale complex and iconic projects
Trusted by a large and growing network of blue-chip clients in the private and public sectors
Access to exclusive, high-value projects through bilateral negotiations
Strongly positioned to continue capturing significant growth in the UAE and KSA
Large secured backlog set to drive visible growth
Robust financial profile and significant acceleration in revenue and profits
Best-in-class management team supported by an accomplished Board of Directors and shareholder
23 Sep 2025
Offer commencement date & price range announcement
30 Sep 2025
Closing date for all tranches
1 Oct 2025
Announcement of final offer price
7 Oct 2025
Final Allocation
8 Oct 2025
Commencement of refunds
Constitutive General Assembly
15 Oct 2025
Expected date of listing on the DFM
www.alec.ae/ipo
ADIB IPO Call Centre: +971 2 652 0878
Disclaimer: This announcement has not been reviewed or approved by the SCA or any regulator in the UAE or elsewhere, does not form part of the Prospectus, and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the shares should be based solely on the information in the Prospectus.
Terms and conditions apply.
A Leading Islamic bank with a Strong Customer Franchise
Locate your nearest ADIB Branch, ATM, CCDM or Smart Teller
Got a question? We are here to help you
Write, call or send a message
