Money and business

“Emirates Islamic” achieves 2.2 billion dirhams before the tax

The Emirates Islamic announced the achievement of record profits, before calculating the tax, amounting to 2.2 billion dirhams in the first half of 2025, while the total revenue increased 9%, compared to the same period in the previous year to 2.9 billion dirhams.

The financing rate of customers came by 13% to 80 billion dirhams, while dealers ’deposits showed exceptional growth, as it increased by 27% to reach 97.4 billion dirhams, and the bank pointed out that the current account balances and savings accounts now represent 65.5% of the total deposits.

According to the financial results for the first half of 2025, the net profit increased to record 1.863 billion dirhams, an increase of 12%, and the total assets increased 24%to 138 billion dirhams, and the financing rate to the deposits reached 82%, within the target scope of the bank’s management.

“The Islamic Emirates) continues to achieve strong results, and to reach its main goals, with an extensive focus on technology and new services while enhancing sustainability. To still be committed to developing our digital offers for our customers, small and medium -sized companies and institutions.

For his part, Farid Al -Mulla, CEO of the Emirates, said: “The bank has strengthened its continuous commitment to empowering society and financial inclusion by providing (Alpha Youth Account), as the service encourages parents to enable their children in acquiring the basic skills of financial culture, and introducing them to financial independence at an early age.”

He added: “(Emirates Islamic) also strengthened his commitment to banking excellence, and enabling small and medium -sized companies, while contributing to the prosperous business system in the UAE, by launching the diamond account for banking services, designed for small and medium -value companies.”

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