Amiri Decree No. (6) of 2018 Concerning the Amendment of Some Provisions of Amiri Decree No. (9) of 1997 concerning the Establishment if Abu Dhabi Islamic Bank

Article 1 — The provisions of Articles (2) clause (2) and (3) of aforesaid Amiri Decree No. ¶

(9) of 1997 shall be replaced by the following provisions:

Article 2 — /Clause 2: ¶

“The value of the share of Abu Dhabi Government shall be 100,000,000
One hundred Million Dirhams, while the share of the Special Department
of the State President and the Founders’ shares shall be 50,000,000 Fifty
Million Dirhams and 240,000,000 Two Hundred and Forty Million Dirhams
respectively. The remaining shares shall be offered for subscription.

Article 3 — All the shares in the Bank shall be nominal and non-Nationals may acquire ¶

shares that do not exceed (25%) of the Capital.

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Article (2)
This Decree shall be effective from the date of its issuance and published in
the Official Gazette.
Khalifa bin Zayed Al Nahyan
Ruler of Abu Dhabi
Issued by us in Abu Dhabi
On: 6 November 2018
Corresponding to: 28 Safar 1440 Hijri

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Executive Council
Resolutions
Executive Council Resolutions

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