Emirates Islamic Reports Record Profit Surge
Emirates Islamic Bank achieves unprecedented profit growth in 2025, showcasing robust financial health and strategic expansion.
Summary
Emirates Islamic Bank records a historic AED 3.2 billion profit before tax in the first nine months of 2025, driven by strategic growth in income streams and customer financing.
Emirates Islamic Bank PJSC, a prominent player in the UAE's Islamic banking sector, has announced its highest-ever profit before tax, reaching AED 3.2 billion in the first nine months of 2025. This remarkable achievement underscores the bank's robust financial health and strategic prowess in navigating the competitive banking landscape.
The bank's total income rose by an impressive 9% year-on-year to AED 4.5 billion, fueled by significant growth in both funded and non-funded income streams. This growth trajectory highlights Emirates Islamic's ability to effectively leverage its resources and expand its market reach.
Customer financing witnessed a 20% surge, climbing to AED 84.8 billion, while customer deposits also grew by 20%, reaching AED 92.4 billion. This expansion is a testament to the bank's strategic initiatives and its commitment to providing enhanced financial solutions to its customers.
Despite a 11% increase in expenses, reflecting continued investments in growth, the bank's operating profit improved by 8% year-on-year. The net profit increased to AED 2.7 billion, marking a 9% rise, with a healthy net profit margin of 3.64%.
Emirates Islamic's strong capital and liquidity position further empower the bank to offer improved products and services. With total assets increasing by 24% to AED 138 billion, the bank maintains a sound financial foundation. The non-performing financing ratio stands at 2.8%, with a robust coverage ratio of 152.9%, indicating effective risk management practices.
In terms of capital adequacy, the Common Equity Tier 1 (CET-1) ratio is at 17.7%, and the capital adequacy ratio is at 18.8%, reflecting a strong and stable capital position. The bank's headline financing to deposit ratio of 92% remains comfortably within its target range.
Given these impressive financial results and the bank's strategic growth initiatives, investors may consider a buy recommendation for Emirates Islamic Bank. The bank's solid financial performance and strategic expansion efforts position it well for future growth in the dynamic UAE banking sector.
Source
Summary
Emirates Islamic reported a record profit before tax of AED 3.2 billion for the first nine months of 2025, marking a significant achievement. The bank's total income increased by 9% year-on-year to AED 4.5 billion, supported by growth in both funded and non-funded income streams. Customer financing and deposits both grew by 20%, reaching AED 84.8 billion and AED 92.4 billion, respectively. The bank's operating profit improved by 8% year-on-year, with a net profit of AED 2.7 billion, up 9%. Emirates Islamic maintained a healthy net profit margin of 3.64% and reported a strong capital position with a Common Equity Tier 1 ratio of 17.7% and a Capital Adequacy Ratio of 18.8%. Total assets increased by 24% to AED 138 billion, and the bank's non-performing financing ratio stood at 2.8% with a strong coverage ratio of 152.9%.
