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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.

Takaful Emarat Insurance (P.S.C), a public shareholding company registered under UAE Federal Law No. 48 of 2023, held a Board of Directors meeting on April 24, 2025. During the meeting, the Board approved a Liquidity Provider agreement. The authorized signatory for the decision was Adnan Sabaalaish, the Acting Chief Executive Officer, who signed the resolution on the same date. The company is registered under insurance companies Register No. 86, dated October 14, 2008.

Al Salam Bank, in collaboration with the Ministry of Housing and Urban Planning and Eskan Bank, has launched "Tasheel+", a new financing solution that combines the features of the "Mazaya" and "Tasheel" schemes. This product offers up to BD 91,000 in financing with flexible contribution options, aiming to provide comprehensive financial solutions for social housing initiatives. Additionally, Al Salam Bank introduced "Reducing Installment Additional Financing," which decreases installment amounts over time as the client's contribution increases, allowing for higher overall financing while maintaining stable monthly payments. The bank's Deputy CEO, Anwar Murad, and Head of Retail Banking, Mohammed Buhijji, emphasized the bank's commitment to supporting national housing initiatives and promoting financial inclusion. The first 20 clients of the program will receive a BD 500 cashback, and all beneficiaries will enjoy benefits such as exemption from valuation and fire insurance fees, no down payment, and competitive profit rates, subject to campaign terms and conditions. For more details, contact Al Salam Bank or book an appointment via the Skiplino app.

Sukoon Insurance P.J.S.C. and its subsidiaries have released a review report and condensed consolidated interim financial information for the three-month period ending March 31, 2025.