Abu Dhabi Islamic Bank (ADX:ADIB) Tax Rate % : 11.67% (As of Mar. 2024)

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What is Abu Dhabi Islamic Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Abu Dhabi Islamic Bank's Tax Expense for the three months ended in Mar. 2024 was د.إ192 Mil. Abu Dhabi Islamic Bank's Pre-Tax Income for the three months ended in Mar. 2024 was د.إ1,643 Mil. Therefore, Abu Dhabi Islamic Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 11.67%.

Abu Dhabi Islamic Bank Tax Rate % Historical Data

The historical data trend for Abu Dhabi Islamic Bank's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Abu Dhabi Islamic Bank Tax Rate % Chart

Abu Dhabi Islamic Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.11

-0.62

0.64

1.64

4.03

Abu Dhabi Islamic Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															5.32	4.80	4.30	2.16	11.67

Abu Dhabi Islamic Bank Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Abu Dhabi Islamic Bank's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	220.749	/	5472.098
	=	4.03 %

Abu Dhabi Islamic Bank's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	191.629	/	1642.765
	=	11.67 %

Abu Dhabi Islamic Bank Tax Rate % Related Terms

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Abu Dhabi Islamic Bank (ADX:ADIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abu Dhabi Islamic Bank (ADX:ADIB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 313, Abu Dhabi, ARE

Website

https://www.adib.ae

Abu Dhabi Islamic Bank is a banking corporation based in the United Arab Emirates. It is one of the regional Islamic services groups having a presence in countries like Egypt, Iraq, Saudi Arabia, and Qatar and generates its revenues from its foreign operations. Its activities like banking, financing, and investing are the pillars of its business. The banking and financing services comprise regional banking operations such as retail banking and its investing business includes capital market operations. The company conducts its operations through retail banking, which is its main revenue generator, wholesale banking, private banking, treasury, real estate other segments.

Abu Dhabi Islamic Bank (ADX:ADIB) Headlines

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