Money and business

3.7 billion dirhams, net profits of “Dubai Islamic” in the first half

Dubai Islamic Bank achieved an exceptional performance in the first half of 2025, recording operational revenues of 6.4 billion dirhams, which contributed to pre -tax profit growth by 16% on an annual basis, to reach 4.3 billion dirhams, and the double growth in funds and deposits, as well as the improvement of the quality of assets, represented another historical achievement, as the public budget expanded exceeding 100 billion dollars.

The bank’s net profit, in the first half of this year, increased by 10%, to 3.7 billion dirhams, compared to 3.38 billion dirhams in the same period last year.

Low value losses decreased by 61% on an annual basis to reach 256 million dirhams, driven by a wise approach to subscription and effective risk management, which contributed more to promoting profitability.

The public budget has expanded by 8% from the beginning of the year to its date to reach 373 billion dirhams, bypassing a barrier of 100 billion dollars.

The dealers ’deposits rose to 284 billion dirhams, an increase of 14% to its date of the year, supported by a strong ability to attract and retain customers, and the current accounts and savings accounts increased by 8% to date of the year to reach 102 billion dirhams, and they now represent 36% of the total deposits.

“The power of any economy is measured by its ability to achieve a sustainable in a responsible manner, adhere to its basic principles, and to maintain its stability in light of the accelerating changes surrounding it, and the United Arab Emirates has always been in these established qualities, to remain a role model in flexibility and the foresight of the future, supported by a rational leadership between Ambition and goals in light of changing global dynamics.

He added: «In this context, the financial sector continues to play a pivotal role in consolidating these foundations and supporting the development process. Dubai Islamic maintained its distinguished performance through rational governance and a firm commitment to providing banking services based on values.

“This year represents a historic station in the Dubai Islamic march, as we celebrate the fifty years of its establishment, and our performance in the first half of the year reflected a firm discipline in implementation, and in full consistency with the path that we set since the beginning of our current growth strategy, and the total number of assets is no longer a barrier of 100 billion dollars just a digital achievement, but rather a reflection For a rooted institutional will, and evidence of our discipline in implementation within the framework of a long -term strategy aimed at converting a concept into a role model.

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