Dubai Islamic Bank reported a net profit of AED 3.74 billion for the six-month period ended June 30, 2026, remaining largely stable compared to the AED 3.73 billion achieved during the same period in 2025.
Total income grew 9.6% year-on-year to AED 12.44 billion, fueled primarily by a AED 10.23 billion contribution from Islamic financing and investing transactions and a significant rise in "other income" to AED 785 million.
The growth in top-line revenue was offset by a 91% increase in net impairment charges, which rose to AED 489.3 million from AED 256.2 million in the prior-year period, alongside a 9% rise in total operating expenses to AED 1.97 billion.
Total equity stood at AED 53.89 billion as of June 30, 2026, supported by the issuance of AED 3.67 billion in Tier 1 Sukuk during the period, while the bank distributed AED 2.53 billion in dividends to shareholders.