
Dubai Islamic Bank
Pressreleases, Reports and Disclosures for Dubai Islamic Bank
Dubai Islamic Bank (DIB) has issued its first Sustainability-Linked Sukuk, raising USD 1 billion with a profit rate of 4.572% per annum over five years. The issuance, which was more than twice oversubscribed, marks a significant milestone in DIB's sustainable finance efforts, reflecting strong global investor confidence in the bank's performance and ESG alignment. This Sukuk introduces a performance-linked structure to DIB's sustainable finance platform, advancing Islamic sustainable finance by tying impact to measurable performance targets. The funds will support a diversified portfolio of sustainability-linked financing for clients committed to achieving specific sustainability KPIs. The Sukuk aligns with international best practices and supports the UAE's Net Zero 2050 Initiative. The bank's Sustainability-Linked Financing Framework was independently verified by Institutional Shareholder Services (ISS).
Dubai Islamic Bank has announced the opening of nominations for its Board of Directors from November 3 to November 14, 2025. Individuals meeting the necessary criteria can nominate themselves for positions as Non-Executive or Independent Directors by submitting an application via email. Nine members will be elected, and nominations must adhere to specific legal and regulatory requirements. Candidates must undergo a Fit and Proper assessment and obtain approval from the Central Bank of the UAE. Applications submitted after the deadline or without all required documents will be invalid. The list of candidates will be published two days before the Annual General Assembly Meeting, where elections will occur in 2026. Required documents include identification, clearances, qualifications, references, and declarations. Candidates may need to submit additional documentation as per regulations.
Dubai Islamic Bank (DIB) reported record revenues of AED 9.7 billion for the first nine months of 2025, with a 10% year-over-year increase in pre-tax profit to AED 6.6 billion. The bank's total assets grew by 14% year-to-date, reaching AED 393 billion, nearing the AED 400 billion mark. Customer deposits rose by 21% year-to-date, surpassing AED 300 billion. DIB's asset quality improved, with a low non-performing financing (NPF) ratio and high coverage ratio. The bank achieved a 6% year-over-year increase in operating revenue, driven by growth in non-funded income, higher business volumes, and stable margins. Impairment charges decreased by 45% year-over-year, reflecting effective risk management. The cost-to-income ratio was 28.7%, indicating operational efficiency.
The text refers to a review report and the condensed consolidated interim financial information of Dubai Islamic Bank P.J.S.C. for the nine-month period ending on September 30, 2025.