DIB delivers Strong Revenue of AED 13.3 Billion and Pre-Tax Profit of AED 9.0 Billion as Total Assets Grow 21% to AED 416 Billion

• Asset quality strengthened further, with NPF ratio improving to 2.65% and Cost of Risk at 14 bps
• Robust growth in Net Financing Assets of 23% YoY to AED 262 billion, with Sukuk investments reaching AED 91 billion, up 10% YoY
• Customer Deposits accelerated by 29% YoY to AED 320 billion
• Pre tax profit grew by 20% to AED 9.0 billion against normalised FY’24 pre tax profit of AED 7.5 billion*
• Proposed dividend of 35 fils per share, subject to shareholder and regulatory approvals

*FY’24 Pre-tax profit normalised after adjusting for one-off legacy recovery

DIB (DFM: DIB), the largest Islamic bank in the UAE, achieved another year of robust financial performance for the full year ended December 31, 2025. The bank’s strong revenue growth to AED 13.3 billion was driven by solid non funded income, resilient funded income, healthy business volumes and stable margins. The bank’s operating efficiency along with solid improvement in cost of risk resulted in 20% YoY increase in pre-tax profit to AED 9.0 billion. Total Assets recorded stellar growth of 21% to AED 416 billion.

Key FY’25 Performance Metrics:

Performance Highlights for FY’25:

Income Statement:

• Operating revenues reached AED 13.3 billion in FY’25, supported by solid non funded income, healthy business volumes, and resilient margins, with revenues up 3% YoY.
• Impairment charges moderated to AED 485 million with an extremely low cost of risk of 14 bps, underscoring the bank’s disciplined underwriting and sustained portfolio quality.
• The bank maintained a sharp focus on operational efficiency, with the cost to income ratio improving to 28.4%, reflecting ongoing productivity gains.
• Pre-tax profit grew to AED 9.0 billion, supported by resilient funded income, strong non-funded income, tightly managed expenses and exceptionally low cost of risk.

Balance Sheet:

• DIB’s Balance Sheet delivered standout performance, grew 21% YoY to AED 416 billion, driven by broad-based and accelerated growth across core businesses.
• Strong growth momentum in the year as the bank booked New Gross Financing and Sukuk Investments of AED 124 billion, a solid 80% YoY increase compared to previous year.
• Net Financing Assets rose sharply to AED 262 billion, recording strong YoY growth of 23%, supported by sustained momentum across consumer and corporate portfolios.
• Gross New Financing activity accelerated to AED 104 billion, representing 98% YoY uplift across Consumer, UAE Corporate and Cross-border Corporate businesses.
• The Sukuk book grew steadily to AED 91 billion, increasing 10% YoY, maintaining its high quality sovereign and FI positioning, supported by AED 20 billion in new Investments during the year.
• Customer Deposits recorded exceptional momentum, rising by 29% YoY to AED 320 billion with CASA balances up 17% YoY to AED 110 billion, reinforcing the bank’s solid funding base.

Asset Quality:

• NPF ratio posted a sharp improvement, dropping to 2.65% (135 bps lower YoY), positioning DIB among the strongest asset quality performers in the UAE.
• Total coverage ratio strengthened to 160%, while cash coverage improved to 120%, underscoring robust collateral quality and a resilient financing portfolio.

Capital and Liquidity:

• Capital ratios remained solid, with CET1 at 12.3%, Tier 1 at 14.8%, and CAR at 15.5%, reinforcing balance sheet resilience.
• Liquidity strength remained evident, supported by an LCR of 157% and NSFR of 109%, comfortably exceeding regulatory requirements.

FY’25 Business Highlights:

Consumer Banking:

• Strong Growth: Consumer Banking assets rose 22% YoY to AED 77 billion, driven by record new consumer financing origination of AED 37 billion, up 90% YoY. All key financing products delivered robust momentum, well supported by rapidly expanding cards business with continued growth in issuance and spending.
• Revenue Momentum: Consumer Banking revenues increased 10% YoY to AED 4.9 billion, supported by strong growth in non funded income, including higher product fees and increased electronic banking fees.
• Home Finance Franchise Continues to Lead: The bank’s Home Finance portfolio continued to grow strongly and remained highly diversified across all Emirates. Portfolio quality and reach were further enhanced through strategic partnerships such as a tie up with Mohammed Bin Rashid Housing Establishment (MBRHE).
• Expanding Customer Base: The bank welcomed ~90,000 new customers during the year, reflecting strong new to bank acquisition capabilities as total UAE customer base crosses 1.6 million.

Local & Cross‑Border Wholesale Banking:

• Robust Expansion in Portfolio: The Local and Cross-Border Wholesale portfolio posted a strong 24% YoY increase, rising to AED 185 billion. Growth was fueled by AED 67 billion in new gross corporate financing during the year with visible growth in sectors such as utilities, oil & gas, automotive etc.
• Steady Revenue Growth: Wholesale Banking Revenues reached AED 3.3 billion, supported by 10% YoY, increase in non‑funded income, driven by higher fees and trade‑related commissions.
• Cross-Border Business Gains Scale: Financing transactions nearly doubled in 2025 compared to 2024 as the bank continued to deploy financing to large corporates in the region, particularly utilities and aviation. As a result, cross‑border assets recorded strong growth of more than 83% YoY.
• DCM Business Accelerates with Higher Volumes and Deal Flow: The DCM franchise maintained strong momentum, with volumes increasing by more than 50% YoY to reach USD 57 billion.

Sustainability:

• Significant Expansion of Sustainable Finance Portfolio: The bank made strong progress on its sustainability agenda during the year, achieving notable improvements across ESG ratings and more than doubling its sustainable assets from AED 9.5bn to AED 19.5bn. By year end, sustainable finance accounted for 7.3% of the Bank’s gross financing portfolio, keeping DIB firmly on track toward its 2030 target of 15%.
• Successful Debut Sustainability‑Linked Sukuk Issuance: The bank also successfully issued its first sustainability‑linked Sukuk, which attracted strong demand and was heavily oversubscribed.
• Enhancing Operational Energy Efficiency: DIB strengthened its energy efficiency efforts by initiating audits at major offices and achieving over 10% improvement in energy performance per employee.

In 2025, DIB accelerated the shift from stand-alone AI use cases to enterprise deployment, embedding intelligence where it matters most: customer experience, business growth, and operational control. The Bank’s approach is disciplined and governance-led, ensuring AI adoption scales with accountability, aligns with strategic priorities, and remains consistent with the principles that underpin Shariah-compliant banking.

A unified AI roadmap was established to govern the end-to-end lifecycle of delivery. It covers requirements intake, enablement, capacity planning, prioritisation, governance, and production deployment, providing a structured path from idea to execution. This framework enables scale with discipline, ensuring AI initiatives are prioritised transparently, delivered consistently, and deployed responsibly across the organisation.

This approach is already translating into measurable outcomes across service delivery, portfolio expansion, and operational oversight:

• 90% time reduction in routine activities such as sentiment analysis and categorisation of unstructured data through generative AI.
• 70% efficiency uplift through real-time offerings and personalised targeting.
• 90% improvement in execution efficiency enabled by an AI use-case prioritisation framework that accelerates model development and increases predictability.
• 36% of retail acquisitions supported by AI-powered targeting.
• 15% automation of back-office activities, improving turnaround and accuracy.
• 82% faster social media moderation, strengthening responsiveness and reputation oversight.
• More than 1 million customers reached through AI-driven campaigns, achieving an average conversion rate of 11%.

DIB’s focus is now on extending these outcomes across priority journeys and core processes, using AI to deliver faster, more consistent service, better-informed decisioning, and stronger operational resilience. This is intelligence at scale, with discipline at the core, translating technology adoption into durable value for customers, stakeholders, and the wider economy.

Digital:

• alt app continues to drive digital engagement: The alt app remained the core platform, offering more than 135 services and handling 51% of all customer transactions, with registered users surpassing 1.1 million.
• Digital adoption accelerated: 97% of customers transacted digitally and 80% of New to Bank customers were onboarded digitally. Digital payments grew sharply, supported by onboarding 2,000+ merchants through the CyberSource gateway and processing 3.1 million digital payment transactions in the year.

His Excellency Mohammed Ibrahim Al Shaibani, Director-General of His Highness The Ruler’s Court of Dubai and Chairman of DIB

“The UAE’s economic progress has been shaped by a clear national direction: to strengthen competitiveness, enable private-sector growth, attract investment, and build resilience that endures. These priorities are not abstract; they require strong institutions, sound governance, and financial systems that mobilise and utilise capital responsibly while safeguarding stability and trust. Within this framework, DIB’s role is to serve as a reliable partner to the real economy—supporting productive sectors and communities through Shariah-compliant banking that is rooted in long-term stewardship.

In 2025, DIB’s performance reflected the strength of this model. The Bank continued to expand, sustained its earnings capacity, and strengthened the quality of its balance sheet, while maintaining a prudent approach to risk and capital. This is a defining feature of responsible growth: performance delivered without compromising resilience. It reinforces the Bank’s ability to support customers through changing conditions and to contribute meaningfully to the UAE’s continuing economic momentum.

The Board’s focus is to ensure that DIB’s growth remains aligned with strategic priorities and delivered with institutional rigour, anchored in the highest standards of governance, transparency and accountability. This ensures that performance is matched by strong controls and prudent decision-making. It includes embedding risk discipline at every level of decision-making, investing in capabilities that strengthen operational resilience and elevate customer experience, and ensuring that capital is deployed efficiently to support sustainable growth and long-term value creation.

In this context, the Bank’s results provide a strong foundation for the future. DIB delivered another year of strong balance sheet progress, with total assets growing by 21% to AED 416 billion in 2025, reflecting the continued strengthening of the Bank’s franchise. This growth was supported by a robust expansion in customer deposits, which grew by 29% to AED 320 billion, reinforcing the stability and resilience of our funding base built on customer trust. Together, these outcomes reinforce DIB’s capacity to support the real economy responsibly and at scale, while serving customers across retail, SME and corporate segments.

As DIB continues to strengthen its regional and international footprint, it will do so while remaining anchored in the UAE’s economic priorities and in the same principles that protect trust and reinforce resilience. DIB will continue to play its role—supporting growth through Shariah-compliant finance, strengthening the foundations of confidence and stability, and creating enduring value for shareholders, customers and the wider economy.”

Dr. Adnan Chilwan, Group Chief Executive Officer of DIB

“In 2025, our focus was on converting momentum into measurable delivery—strengthening the balance sheet, improving the quality of earnings, and sustaining a risk profile that supports growth at scale. Throughout the year, management priorities were anchored in execution: sharpening portfolio discipline, strengthening revenue composition, and reinforcing the operating platform to deliver faster, more consistently, and with greater resilience across the Bank.

This was reflected in solid financial outcomes. Operating revenues reached AED 13.3 billion, and pre-tax profit totalled AED 9.0 billion, supported by healthy business volumes and resilient margins. Revenue diversification strengthened further, with non-funded revenues rising to AED 4.3 billion (+10.1%), supporting a more balanced revenue profile. Net financing assets and Sukuk investments grew by 20% to AED 353 billion, reflecting continued momentum across our core businesses. This growth was underpinned by AED 124 billion in new gross financing and Sukuk investments, representing a solid 80% YoY increase.

Crucially, performance continued to be delivered with strengthening risk indicators. The non-performing financing (NPF) ratio improved to 2.65% (down 135 bps YoY), coverage strengthened to 120%, and cost of risk (CoR) remained exceptionally low at 0.14%. These outcomes reflect consistent underwriting standards, prudent provisioning and active portfolio management, ensuring that growth remains well-supported.

Along with financial delivery, 2025 also reflected DIB’s capability to execute on complex mandates and national priorities. The Bank continued to deliver sovereign and strategic financings, advanced aviation-related structured transactions, and participated in the UAE’s Digital Dirham pilot, supporting a landmark government transaction completed in less than two minutes as part of the UAE’s Central Bank Digital Currency (CBDC) initiative. These milestones reinforce the breadth of our execution capabilities, and the role DIB continues to play in enabling priority sectors and national initiatives through Shariah-compliant solutions.

Looking ahead, our priorities remain clear: sustain disciplined growth, protect balance sheet quality, deploy capital efficiently, and continue investing in operational resilience and customer experience, guided by a simple principle: ‘Progress Never Stops’. So that performance remains durable and DIB continues to support the UAE’s real economy with consistency and strength.”

Financial Review:

Awards: FY’25:

Select DCM and Syndicated Deals: FY’25: