WAM
24 Apr 2025, 22:17 GMT+10
DUBAI, 24th April, 2025 (WAM) - Dubai Islamic Bank (DFM: DIB) announced its results for the financial year ending March 31, 2025.
The Bank recorded a powerful start to the year, delivering AED 2.1 billion in group pre-tax profit - a 14% year-on-year increase - driven primarily by quality earning assets growth. Further, robust deposit mobilisation, led to the balance sheet expanding by 3% to AED 355 billion, reaffirming DIB's strategic resilience and underscoring its growing influence in shaping the future of Islamic finance on the global stage.
Q1 2025 Highlights:
Operating Revenues showed a healthy increase of 5% YoY to reach AED 3,154 million.
Group Pre-Tax Profit reported at AED 2,108 million up 14% YoY, with Net Profit (post-tax) of AED 1,797 million, up by 8% YoY.
Net Financing and Sukuk Investments increased to AED 307 billion, up 4% YTD. Strong Net Financing growth at nearly 5% YTD to reach to AED 223 billion.
Total Assets now at AED 355 billion, up by 3% YTD.
Customer Deposits increased to AED 265 billion, up by more than 7% YTD.
Healthy capital ratios with CET1 Ratio at 13.4% and CAR at 17.3%, well above the regulatory minimum.
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More InformationDUBAI, 24th April, 2025 (WAM) - Dubai Islamic Bank (DFM: DIB) announced its results for the financial year ending March 31, 2025. ...
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