Abu Dhabi Islamic Bank (ADIB) provided notice of the full redemption of outstanding certificates of its USD 750 million additional tier- one (AT1) perpetual sukuk issued on 20 September 2018 at a profit rate of 7.125%. The redeem, in accordance with the conditions of the Sukuk issuance, will be carried out on the first call date, being September 20, 2023. The outstanding certificates will be redeemed at the trustee call amount, equal to the prevailing face amount of the certificates plus any outstanding payments as of September 20, 2023.

In addition, the admission of the certificates to the official list and for trading on the regulated market of the Irish Stock Exchange will be cancelled upon redemption of the certificates.