Dubai Islamic Bank

Logotype for Dubai Islamic Bank
Ticker/ISIN
DIB
AED000201015
Market/Country
Dubai Financial Market
United Arab Emirates

About Dubai Islamic Bank

Country of Origin: United Arab Emirates (U.A.E)

Dubai Islamic Bank (Public Joint Stock Company) (the “Bank”) was incorporated by an Amiri Decree issued on 29 Safar 1395 Hijri, corresponding to 12 March 1975 by His Highness, the Ruler of Dubai, to provide banking and related services based on Islamic Sharia’a principles. It was subsequently registered under the Commercial Companies Law number 8 of 1984 (as amended) as a Public Joint Stock Company.

Latest Pressrelease Summaries from Dubai Islamic Bank

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.
Dubai Islamic Bank P.J.S.C. has released a review report and condensed consolidated interim financial information for the six-month period ending on June 30, 2025.
Dubai Islamic Bank (DIB) has successfully arranged a US$1 billion syndicated financing facility for the Government of Pakistan, in collaboration with regional and international financial institutions. The five-year facility, partially guaranteed by an Asian Development Bank (ADB) Policy-Based Guarantee, is notable for being the first of its kind by ADB for Pakistan. The financing includes an Islamic tranche structured as a Commodity Murabaha, representing 89% of the total facility, highlighting the demand for Shariah-compliant financing. DIB served as the Sole Islamic Global Coordinator and, along with Standard Chartered, as Joint Mandated Lead Arranger and Bookrunner. Other participating Islamic banks include Abu Dhabi Islamic Bank, Ajman Bank, and Sharjah Islamic Bank. This arrangement is seen as a boost to Pakistan's economic reform and expansion of Islamic finance.
Dubai Islamic Bank reported strong financial performance for the first quarter of 2025, highlighting its position as a leader in Islamic finance. The bank achieved a 14% year-on-year increase in pre-tax profit, reaching AED 2.1 billion, and a 5% year-on-year growth in operating revenue to AED 3.2 billion. The balance sheet expanded by 3% year-to-date to AED 355 billion, with a net financing portfolio growth of 5% year-to-date to AED 223 billion. Customer deposits grew by 7% year-to-date to AED 265 billion, with CASA balances increasing by 4% year-to-date to AED 99 billion, representing 37% of total deposits. Impairment charges decreased significantly by 45% year-on-year to AED 163 million. The results underscore the bank's strategic resilience and its influence in the global Islamic finance sector.
The document is a review report and condensed consolidated interim financial information for Dubai Islamic Bank P.J.S.C., covering the three-month period ending on March 31, 2025.
Dubai Islamic Bank (DIB) held its Annual General Assembly, where shareholders approved a 45% cash dividend for 2024 following record-breaking financial performance. The bank reported a pre-tax profit exceeding AED 9.0 billion and a total income of AED 23.3 billion, marking a 16% growth from the previous year. DIB's assets expanded by 9.7% to AED 345 billion, with net financing and Sukuk investments increasing by 10.1% to AED 295 billion. Shareholders also approved governance matters, including the appointment of the Internal Sharia Supervision Committee and external auditors for 2025. Chairman Mohammed Ibrahim Al Shaibani highlighted the UAE's economic resilience and DIB's role in contributing to the nation's prosperity. CEO Dr. Adnan Chilwan emphasized the bank's strategic achievements and leadership in Islamic finance.

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Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: CHANGE OF TIME - Earnings Call Meeting

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Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: DIB Management Discussion and Analysis Report for the Period Ended June 30,2025

1. Attached Document

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Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Financial statements for the 2nd QTR of 2025

Dubai Islamic Bank P.J.S.C. has released a review report and condensed consolidated interim financial information for the six-month period ending on June 30, 2025.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: CHANGE OF TIME - Earnings Call Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Postponing of Earnings Call Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Earnings Call

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Press release

Dubai Islamic Bank (DIB) has successfully arranged a US$1 billion syndicated financing facility for the Government of Pakistan, in collaboration with regional and international financial institutions. The five-year facility, partially guaranteed by an Asian Development Bank (ADB) Policy-Based Guarantee, is notable for being the first of its kind by ADB for Pakistan. The financing includes an Islamic tranche structured as a Commodity Murabaha, representing 89% of the total facility, highlighting the demand for Shariah-compliant financing. DIB served as the Sole Islamic Global Coordinator and, along with Standard Chartered, as Joint Mandated Lead Arranger and Bookrunner. Other participating Islamic banks include Abu Dhabi Islamic Bank, Ajman Bank, and Sharjah Islamic Bank. This arrangement is seen as a boost to Pakistan's economic reform and expansion of Islamic finance.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Dubai Islamic Bank

Disclosure: Results of BOD Meeting

1. Attached Document