Dubai – Mubasher: Dubai Islamic Bank (DIB) achieved net profit after income tax expense at AED 1.798 billion in the first quarter (Q1) of 2026, reflecting a slight increase from AED 1.797 billion in Q1-25.
The basic and diluted earnings per share (EPS) went up to AED 0.24 in Q1-26 from AED 0.23 in Q1-25, according to the income statements.
DIB said its total operating revenue, net income, soared by 13% to AED 3.54 billion in January-March 2026 when compared to AED 3.15 billion in the same quarter a year earlier.
Customer deposits of the UAE lender soared to AED 322 billion in Q1-26 from AED 320.18 billion at the end of 2025.
Furthermore, the total assets increased by 1% to AED 419.91 billion as of 31 March 2026 from AED 415.94 billion as of 31 December 2025.
Group CEO of DIB, Adnan Chilwan, said: “The quarter [Q1-26] reflects healthy business momentum, improving earnings diversification and the continued strength of the bank’s core franchise.”
Chilwan added: “Balance sheet expansion remained healthy and well supported. Net financing assets and Sukuk investments grew to AED 364 billion, supported by more than AED 24 billion in gross new financing and over AED 5 billion in gross new Sukuk investments during the quarter.”
The Group CEO concluded: “Our capital and liquidity positions also remained sound, with CET1 at 12.6%, capital adequacy at 15.8%, LCR at 121% and NSFR at 106%. This leaves us strongly positioned for the periods ahead, with the financial strength, commercial momentum and execution discipline to keep advancing our growth agenda without compromising the quality of the franchise.”
In 2025, the listed bank DIB generated net profits worth AED 7.80 billion, with customer deposits surging by 29% on an annual basis.
