5.68 billion dirhams, net profits of “Dubai Islamic” in 9 months

Yesterday, Dubai Islamic Bank announced its results for the first nine months of 2025, recording net profits amounting to 5.68 billion dirhams, a growth of 4% compared to the same period last year, while achieving operating revenues amounting to 9.7 billion dirhams, which contributed to the growth of pre-tax profits by 10% on an annual basis, to reach 6.6 billion dirhams.

Total assets also increased by 14% from the beginning of the year until the end of September 2025, reaching 393 billion dirhams, while impairment losses decreased by 45% on an annual basis, reaching 292 million dirhams, according to a statement issued yesterday.

The balance sheet recorded a growth of 14% since the beginning of the year, reaching 393 billion dirhams, while customer deposits increased by 21%, reaching 302 billion dirhams.

Dubai Islamic contributed to supporting new financing facilities, including investments in sukuks amounting to 91 billion dirhams, during the first nine months of this year, an increase of 33% on an annual basis.

The sukuk portfolio recorded a growth of 16% to reach 95 billion dirhams, with 77% of this portfolio consisting of high-quality credit activities of sovereign entities and financial institutions.

Current and savings accounts increased by 16%, reaching 109 billion dirhams.

Mohammed Ibrahim Al Shaibani, Director of the Court of His Highness the Ruler of Dubai and Chairman of the Board of Directors of Dubai Islamic, said: “The global economy is still going through a transitional phase characterized by growth based on different standards, higher rates, and an accelerated shift towards productivity-based expansion. From this standpoint, the UAE confirms its position as one of the most resilient and forward-looking global economies.”

He added: “The UAE continues its growth path in a stable, strategic manner, supported by a rational financial policy, high liquidity, and a solid non-oil base that now contributes about three-quarters of the gross domestic product. Within this framework, Dubai Islamic’s performance and progress clearly reflects the strength of its brand, the efficiency of its long-term strategy, and its ambitious vision.”

Al Shaibani continued: “Dubai Islamic’s performance is not measured only by the quarterly results, but rather by the extent of its continuous contribution to the process of national progress. In this context, the bank affirms its continued full commitment to the UAE’s vision, its support for economic diversification, and the financing of sustainable projects and initiatives.”