Dubai Islamic Bank announced yesterday its results for the first nine months of 2025, recording a net profit of AED 5.68 billion, a 4% increase compared to the same period last year. Operating income reached AED 9.7 billion, leading to a 10% year-on-year growth in pre-tax profit, which amounted to AED 6.6 billion. The bank's total assets grew by 14% since the beginning of the year until the end of September 2025, reaching AED 393 billion, while impairment losses decreased by 45% year-on-year, amounting to AED 292 million. The bank's balance sheet grew by 14% since the beginning of the year to reach AED 393 billion, while customer deposits increased by 21%, reaching AED 302 billion. Dubai Islamic Bank contributed to providing new financing facilities, including investments in sukuk amounting to AED 91 billion during the first nine months of the current year, a 33% increase year-on-year. The sukuk portfolio grew by 16% to reach AED 95 billion, of which 77% consists of high-quality credit activities of sovereign entities and financial institutions. Current accounts and savings accounts grew by 16%, reaching AED 109 billion. Mohammed Ibrahim Al Shaibani, Director General of His Highness the Ruler of Dubai's Court and Chairman of Dubai Islamic Bank's Board of Directors, stated: "The global economy is still going through a transitional phase characterized by growth based on different metrics and higher rates, along with a rapid shift towards productivity-based expansion." In this context, the bank affirms its full commitment to the vision of the UAE, support for economic diversification, and financing of sustainable projects and initiatives. From this standpoint, the UAE affirms its position as one of the world's most resilient and future-looking economies. He added: "The UAE continues its strategically stable growth path, supported by prudent financial policy, high liquidity, and a solid non-oil base that now contributes around three-quarters of the GDP. Within this framework, the performance and progress of Dubai Islamic Bank strongly reflect its brand, long-term strategic efficiency, and ambitious vision." Al Shaibani continued: "The performance of Dubai Islamic Bank is not measured by quarterly results alone, but by its continuous contribution to the nation's progress." Dubai Islamic Bank recorded a net profit after tax of AED 5.68 billion during the first nine months of the year.
