The Dubai Islamic Bank convened its annual general assembly meeting, where shareholders reviewed and approved all agenda items, including the bank’s financial statements for the year ending December 31, 2025. The board recommended a cash dividend of 35 fils per share, resulting in total approved cash distributions of approximately 2.53 billion AED, alongside other decisions made during the meeting.
The bank’s financial results indicate another year of financial stability, featuring consistent profitability and balanced growth in its balance sheet. The operating income reached 13.3 billion AED, while pre-tax profits stood at 9.0 billion AED. Total assets grew by 21% to 416 billion AED, and net financing assets increased by 23%, reaching 262 billion AED. Customer deposits surged by 29% to 320 billion AED.
The ratio of non-performing loans decreased to 2.65%, and the cost of risk remained low at 14 basis points. Shareholders also approved several strategic governance decisions, including the election of new board members, the establishment of an internal Shari’ah compliance committee, and the appointment of external auditors for the fiscal year 2026.
Business Model
Mohammad Ibrahim Al Shaibani, Director General of the Dubai Ruler’s Court and Chairman of Dubai Islamic Bank, commented: “The economic journey of the UAE continues to solidify its foundations, demonstrating clear vision and disciplined implementation, under a supportive institutional framework for sustainable growth. In this context, financial institutions play a vital role that requires steadfast work, building trust, and actively contributing to the comprehensive economic agenda. The performance of Dubai Islamic Bank over the past year reflects the robustness of a business model based on sound governance, balanced decision-making, and consistent goal achievement. As the bank celebrates its golden jubilee, we underscore that institutional continuity is maintained not solely by legacy but by the capability to continue growing and evolving while embedding discipline as a core component of operations.”
He further added, “The addition of new board members represents a balanced blend of continuity and renewal, enhancing the strategic vision of the bank while relying on the valuable contributions of former members, which will remain integral to Dubai Islamic Bank’s institutional journey. The board will continue its commitment to upholding the bank’s strength and long-term aspirations, ensuring that growth aligns with risk tolerance and consistently supports national priorities, grounded in solid governance and stability, as well as a long-term outlook.”
Stability and Resilience
Dr. Adnan Chilwan, CEO of Dubai Islamic Bank Group, stated: “The results for 2025 reflect a stable and resilient financial performance, premised on a disciplined approach to achieving calculated growth while maintaining the highest levels of discipline in managing the balance sheet and key risk indicators. Operating income reached 13.3 billion AED, with total assets amounting to 416 billion AED, backed by balanced expansion in financing assets and an increase in customer deposits within a stable funding base, alongside sustained improvements in asset quality and risk cost stability.”
This performance reaffirms the group’s commitment to a quality growth approach that does not view expansion as an end in itself, but emphasizes asset quality, sustainable profits, and disciplined balance sheet management as the essence of long-term performance. The cash distributions approved by shareholders represent a well-considered balance between generating returns and preserving capital strength, enabling the bank to support future growth and effectively manage an increasingly volatile operational environment, while continuing to protect long-term shareholder value through prudent capital management.
Looking ahead, the bank aims to further enhance its balance sheet strength, improve the sustainability of profits, and serve customers and the broader economy through Shari’ah-compliant banking that demonstrates commercial suitability, operational strength, and long-term viability.
The year 2025 marked a pivotal moment in the journey of Dubai Islamic Bank, building on its legacy of over 50 years while continuing to reinforce its leading position in the Islamic finance sector. During the year, the bank expanded its regional presence and made significant strides in sustainable financing and innovation, playing a crucial role in financing major deals across multiple markets and sectors, which reflected positively on its rankings, earning the third position as the largest issuer of sukuk globally in 2025 according to Cbonds.
With its strong credentials and clear strategic vision, Dubai Islamic Bank remains focused on achieving disciplined growth, innovating based on customer needs, and promoting responsible financing in alignment with the economic priorities and sustainability goals of the UAE, contributing to the creation of long-term value for shareholders, customers, and the economy as a whole.