Dubai Islamic Bank Reports 5.6 Billion Dirhams Profit in 9 Months

The Dubai Islamic Bank has demonstrated remarkable performance during the first nine months of 2025, achieving record figures. The net profit after tax rose to 5.6 billion AED, compared to 5.4 billion AED in the same period from the previous year. Additionally, operating income reached 9.7 billion AED, contributing to a 10% annual growth in pre-tax profits, totaling 6.6 billion AED.

The bank’s total assets increased by 14% since the beginning of the year, approaching 400 billion AED with a current value of 393 billion AED.

Operating revenue saw a growth of 6%, reaching 9.7 billion AED, supported by an uptick in non-funded activities and stable margins.

The balance sheet expanded by 14%, totaling 393 billion AED. Customer deposits surpassed 300 billion AED, marking a 21% increase, while net financing assets grew by 17%, reaching 248 billion AED.

His Excellency Mohammed Ibrahim Al Shaibani, Director of the Dubai Ruler’s Court and Chairman of Dubai Islamic Bank, stated that the global economy continues in a transitional phase characterized by diverse growth and increasing rates, alongside a rapid shift towards productivity-led expansion. He emphasized that the UAE asserts its position as one of the most resilient and future-oriented economies globally, quietly pursuing steady strategic growth underpinned by sound financial policies and high liquidity, along with a strong non-oil sector that now contributes significantly to GDP.

In this context, the performance and progress of Dubai Islamic Bank clearly illustrate the strength of its brand, the effectiveness of its long-term strategy, and its ambitious vision. During the first nine months of 2025, the bank achieved record operating revenues of 9.7 billion AED, with pre-tax profits rising by 10% year-on-year to 6.6 billion AED. This success is attributed to effective balance sheet management, sustainable profit growth, and a 14% increase in total assets since the beginning of the year, now totaling 393 billion AED. The surpassing of 300 billion AED in customer deposits further underscores the ongoing confidence of shareholders and the market overall.

Business

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