DIB's shareholders approve 45% cash dividends for 2024
The bank witnessed a record-breaking pre-tax profit of over AED 9 billion in 2024, according to the press release.
Mohammed Ibrahim Al Shaibani, Chairman of DIB, said: 'The robust results of 2024 reinforce our strategic alignment with the nation's economic priorities, ensuring DIB remains a key contributor to the UAE's vision for prosperity and sustainable development.'
Adnan Chilwan, Group CEO of DIB, commented: 'With pre-tax profits surging to over AED 9 billion, a 27% year-on-year increase, and total assets crossing AED 345 billion, we continue to redefine possibilities in Islamic finance, solidifying our position as a global leader.'
The CEO added: 'In 2025, we will build on this momentum by scaling our digital ecosystem, empowering SMEs through targeted financing, and strengthening cross-border partnerships.'
DIB generated 16% higher net profits at AED 8.16 billion in 2024, compared to AED 7 billion in 2023.
Source: Mubasher
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