Abu Dhabi Islamic Bank Reports Half-Year Profits of 3.5 Billion Dirhams, Marking a 15% Increase

Abu Dhabi Islamic Bank has announced a 16% year-on-year increase in its pre-tax profits for the first half of 2025, reaching 4 billion dirhams. This growth reflects a robust balance sheet with a sustained rise in business momentum and an increasing number of customers.

The bank continued its impressive performance in the second quarter of 2025, with pre-tax profits rising by 14% year-on-year to 2 billion dirhams.

The net profit after tax for the first half amounted to 3.5 billion dirhams, representing a 15% increase compared to the same period in 2024, while the second quarter alone contributed a net profit of 1.8 billion dirhams, up by 13% year-on-year.

Revenues for the first half grew by 11%, totaling 5.9 billion dirhams compared to 5.3 billion dirhams in the first half of 2024.

This exceptional growth reflects a broad-based performance across all major sectors, supported by diverse income sources and continuous expansion in business activities, alongside growth in fee-based services.

Income from funding sources rose by 9% year-on-year, reaching 3.6 billion dirhams in the first half of 2025 compared to 3.3 billion dirhams the previous year, bolstered by increased business volume and the bank’s ability to achieve sustainable returns despite declining market profit rates.

The net profit margin stood at 4.27%, comfortably within the target range.

Jouan Awida Suhail Al Khailli, Chairman of the Board, stated, “Abu Dhabi Islamic Bank delivered a strong performance in the second quarter of 2025, pushing half-year profits to new record levels, achieving a return on equity of 30%.

This performance reflects the strong momentum in our business and our capacity to leverage favorable economic conditions in the local economy.

The group’s net profit and revenues reached unprecedented levels, with net profit hitting 4 billion dirhams, marking a 16% annual growth, supported by strong revenue growth of 11%. The momentum in attracting customers continued, with 145,000 new clients joining the bank in the first half of this year.”

Mohammed Abdul Bari, CEO of Abu Dhabi Islamic Bank Group, remarked, “We marked another quarter of strong performance as a clear sign of our approach to achieving sustainable results, showcasing the resilience of our performance and the strength of our strategy.

Our record profits reflect balanced and efficient performance across various sectors, underpinned by the strength and resilience of the UAE economy, as well as the commitment of our employees to deliver the best.”

Business

Similar news

Emirates NBD Reports Quarterly Profit of 6.4 Billion with 3% Growth

حقق بنك الإمارات دبي الوطني صافي ربح 6.4 مليارات درهم في الربع الأول من العام الجاري بنمو نسبته...

Emsteel Announces Stability in Its Prices for Steel and Construction Materials

The Emsteel Group, a leading manufacturer of steel and integrated construction materials, has announced its commitment to supporting...

Dubai Taxi Acquires 600 New Taxi License Plates

Dubai Taxi Corporation, a leader in comprehensive mobility solutions in the city, has announced its acquisition of 600...

Bank and Real Estate Stocks Boost Dubai Market at the Start of Trading

The indicators of local financial markets exhibited mixed performance at the outset of trading on Thursday. The Dubai...