DIB records a net profit of Dh4.3 billion in the first half of 2025, surpassing $100 billion in assets under management.
Dubai Islamic Bank (DIB) Achieves 16% Year-on-Year Profit Growth in First Half of 2025
Dubai Islamic Bank (DIB) has reported a significant 16% year-on-year increase in pre-tax profit to AED 4.3 billion in the first half of 2025. This growth is attributed to several key factors, including double-digit growth in financing and deposits, improved asset quality, and the expansion of AI-driven efficiencies across its operations.
The bank's net financing assets grew 12% year-to-date to AED 237 billion, reflecting robust demand across consumer and wholesale banking segments. Customer deposits increased 14% to AED 284 billion, with current accounts and savings accounts (CASA) balances growing 8% and now comprising 36% of total deposits.
DIB achieved a significant milestone by expanding its balance sheet by 8% year-to-date to AED 373 billion, crossing the USD 100 billion mark for the first time. This growth was supported by an improved non-performing financing (NPF) ratio, which decreased by 64 basis points to 3.36%, and total coverage rose to 145%, indicating better credit quality.
Impairment charges decreased by 61% to AED 256 million, due to prudent underwriting and effective risk management. This disciplined approach to risk management contributed to the improved asset quality and profitability.
In addition to these financial achievements, DIB continued to scale up AI integration to boost operational efficiency. Over 100,000 underserved customers were reached through AI-driven credit scoring models, and 35% of new retail acquisitions were powered by AI. This integration led to a 20% faster service delivery and a 30% reduction in false positives in risk alerts.
DIB's commitment to sustainability was also evident in the first half of 2025, with Dh2.7 billion in new sustainable financing, Dh14 billion in green sukuk issuances, and a sukuk portfolio that expanded by 9% to AED 89 billion.
To further drive its growth and align with the UAE's national goals, DIB launched the DIB Academy to develop talent. Chairman Mohammed Ibrahim Al Shaibani stated that the bank's first-half results reflect its long-term strategy rooted in sound governance, innovation, and purpose-driven growth.
In conclusion, DIB's impressive growth in the first half of 2025 is a testament to its successful implementation of a long-term strategy focused on sound governance, innovation, and purpose-driven growth. The bank's continued commitment to digital innovation, sustainability, and talent development will undoubtedly propel it forward in the coming years.
[1] DIB's first-half results reflect its long-term strategy rooted in sound governance, innovation, and purpose-driven growth. (Chairman Mohammed Ibrahim Al Shaibani) [2] Net financing assets grew 12% to AED 237 billion. [3] The bank's non-performing financing (NPF) ratio improved by 64 basis points to 3.36%, while total coverage rose to 145%. [4] Dh2.7 billion in new sustainable financing was made in the first half of the year. [5] Over 100,000 underserved customers were reached through AI-driven credit scoring models. [6] 35% of new retail acquisitions were powered by AI. [7] CASA balances (Current Account Saving Account) grew 8% to AED 102 billion, now comprising 36% of total deposits. [8] 20% faster service delivery was achieved through AI integration. [9] The bank's total operating revenue rose to AED 6.4 billion. [10] DIB marked its 50th anniversary in 2025 with a refreshed corporate identity. [11] 30% fewer false positives in risk alerts were reported due to AI integration. [12] Customer deposits increased 14% to AED 284 billion. [13] DIB's sukuk portfolio expanded by 9% to AED 89 billion. [14] DIB's net profit reached AED 3.7 billion in the same period. [15] DIB continued to scale up AI integration to boost operational efficiency. [16] The DIB Academy was launched to drive talent development aligned with the UAE's national goals. [17] DIB's balance sheet expanded by 8% year-to-date to AED 373 billion.
- Dubai Islamic Bank (DIB) credited its 16% year-on-year profit growth in the first half of 2025 to a long-term strategy focusing on sound governance, innovation, and purpose-driven growth, as stated by Chairman Mohammed Ibrahim Al Shaibani.
- The bank's net financing assets experienced a growth of 12%, increasing to AED 237 billion during the same period.
- DIB's non-performing financing (NPF) ratio improved significantly, decreasing by 64 basis points to 3.36%, while total coverage rose to 145%, indicating better credit quality.
