DIB reports AED3.7 bn in net profit for H1/25
According to the financial results, net profit grew to AED3.7 bn as core business momentum continues, reflecting an improvement in cost of risk.
Balance sheet expanded by 8% YTD to AED373 bn, surpassing the USD100 bn mark. Net Financing Assets grew 12% YTD to AED237 bn, reflecting healthy demand across key customer segments. On the wholesale front, both local and cross-border businesses contributed to this growth across sectors such as sovereigns, utilities, and aviation. The consumer business also recorded solid growth across all product lines.
Sukuk portfolio grew 9% YTD to AED89 bn. This portfolio largely comprises of high-quality and well-rated sovereigns and FIs. Customer Deposits rose 14% YTD to AED284 bn, underpinned by robust customer acquisition and retention.
Mohammed Ibrahim Al Shaibani, Director-General of His Highness The Ruler's Court of Dubai and Chairman of DIB, said, 'The financial sector plays a central role in reinforcing this foundation. Within it, DIB has sustained its performance through sound governance and a steadfast commitment to value-based banking. The results delivered in the first half of the year reflect a legacy of progress shaped by five decades of alignment with the nation's development agenda.
''This year marks a defining milestone in that journey. Since its founding in 1975, DIB has evolved into a leading Islamic financial institution, with more than AED 65 billion in market capitalisation and AED 370 billion in assets. In the first half of 2025, the bank surpassed $100 billion in total assets. This is a marker not only of scale, but also of adaptability and nimbleness to respond to the everchanging global landscape. This progress affirms the strength of a long-term strategy grounded in trust, resilience, and clarity of purpose,'' he added.
Dr. Adnan Chilwan, Group Chief Executive Officer of DIB, commented: '' Despite the volatilities around we delivered a significant 16% rise in pre-tax profit which exceeded AED 4.3 billion. Whilst the introduction of corporate tax this year adds a new element, our post-tax profit also came in strong at AED3.7 billion, a solid increase of 10%.''
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