Emirates Islamic posted a record AED 3.2 billion profit before tax for the first nine months of 2025, marking a 15% year-on-year increase.
The strong performance was driven by higher funded and non-funded income, solid capital and liquidity levels, and continued investment in growth initiatives.
Total income rose 9% to AED 4.5 billion, reflecting gains across all core business segments. Customer financing surged 20% to AED 84.8 billion, while customer deposits climbed 20% to AED 92.4 billion, underscoring the bank’s expanding customer base and strong market position. Total assets reached AED 138 billion, up 24% during the period.
Chairman Hesham Abdulla Al Qassim said the results highlight the bank’s role as a leader in Islamic finance and its commitment to innovation and sustainability. Emirates Islamic successfully issued a USD 500 million Sustainability-Linked Sukuk, the first of its kind globally, attracting strong international investor interest.
Al Qassim also noted strategic agreements worth AED 968 million with education provider Taaleem and project financing for The Biltmore Residences – Al Sufouh, reinforcing the bank’s support for key sectors like education and real estate.
CEO Farid AlMulla added that the bank strengthened its retail offerings through a new partnership with Amazon and Mastercard to launch the Amazon Emirates Islamic Mastercard Credit Card, the first in the MENA region. He emphasized the bank’s ongoing investments in AI, digitisation, and employee development to enhance customer experience and operational efficiency.
Emirates Islamic closed the period with a healthy net profit margin of 3.64% and a capital adequacy ratio of 18.8%, reflecting its robust financial position and sustained growth momentum.
News Source: Dubai Media Office
