3.7 billion dirhams profits "Dubai Islamic" In the first half

Dubai, August 5/ WAM/ Dubai Islamic Bank recorded a net profit of 3.7 billion dirhams during the first half of this year, with a growth of 10% compared to the same period last year.

The profits before taxes were calculated 4.3 billion dirhams, achieving annual growth of 16%, with the support of the increase in operational revenues to 6.4 billion dirhams.

The bank continued to achieve sustainable growth in its public budget, which has expanded by 8% since the beginning of the year to exceed 373 billion dirhams, or more than 100 billion US dollars.

The net financing assets increased to 237 billion dirhams, an increase of 12%, while customer deposits increased by 14% to 284 billion dirhams.

His Excellency Mohamed Ibrahim Al -Shaibani, Director of the Office of His Highness the Ruler of Dubai, Chairman of the Board of Directors of Dubai Islamic Bank, said: “Dubai Islamic maintained his distinguished performance through a rational governance and a firm commitment to providing banking services based on values, and the results achieved by the bank reflects in the first half of the year a legacy of progress, which is the product of five decades of consensus and commitment to the country’s national development agenda.”

He added: “This year represents a milestone in that march. Since its foundation in 1975, Dubai Islamic developed to become a leading Islamic financial institution, with a market capital exceeding 65 billion dirhams and assets of 370 billion dirhams, and in the first half of the year 2025, the total assets of the bank exceeded 100 billion US dollars, and this is not only an indication of the size of its business, but also its ability to adapt and the speed of its response to the global scene is permanent Change. ”

For his part, Dr. Adnan Shoula, CEO of Dubai Islamic Group, said: “Despite the economic fluctuations in the markets, the bank achieved a remarkable growth of 16% in the profits before the tax, and with the approval of the corporate tax and its entry into force for the first time this year, the bank continued its strong and distinguished performance, achieving a net profit after calculating the corporate tax of 3.7 billion dirhams.”

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