Dubai Islamic Bank’s Profit Rises 10.4% in First Half of 2025
Dubai Islamic Bank (DIB) reported a 10.4% rise in net profit, reaching $1.02 billion (AED 3.73 billion) in the first half of the year. The increase was mainly due to strong business performance and growth in lending and customer deposits.
Key Highlights
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Impairment charges (money set aside for possible losses) fell by 61% to $69.7 million, thanks to better risk control and healthier loans.
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The bank’s total assets crossed $100 billion for the first time.
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Customer deposits grew by 14% to $77.3 billion, with more people using current and savings accounts.
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The bank’s total assets rose 8% this year to $101.5 billion, while net financing (loans) went up 12% to $64.5 billion.
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Growth was strong in areas like government projects, utilities, and aviation, and all parts of the consumer business saw gains.
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DIB’s sukuk investments (Islamic bonds) increased 9% to $24.2 billion, focusing on high-quality issuers.
Improved Financial Health
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New lending and sukuk investments jumped 47% year-on-year to $16.3 billion.
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The non-performing loan ratio dropped to 3.36%, while cash coverage rose to 103%, showing stronger financial health.
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The bank’s capital strength remains solid with capital ratios above what is required.
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Liquidity is also strong, with key ratios at 128% and 107%.
Focus on AI
DIB is using artificial intelligence (AI) to improve operations, make quicker decisions, and reach more customers. The bank said it will expand its AI use while ensuring ethical and human-led oversight.
CEO Statement
DIB CEO Adnan Chilwan said, “Even with market challenges, we achieved a 16% increase in pre-tax profit, crossing $1.2 billion. Despite the new corporate tax, our net profit still rose to $1.02 billion, a strong 10% growth.”
Published: 6th August 2025
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