Dubai Islamic Bank (DIB) reported a robust performance for the full year of 2025, with pre-tax profit increasing by 20% year-on-year to Dh9 billion as total assets grew by 21% to Dh416 billion, the bank announced on Tuesday.

Revenue for the year reached Dh13.3 billion, driven by solid non-funded income, healthy business volumes, and resilient margins, according to the bank. Operating efficiency improved, with the cost-to-income ratio at 28.4%, while impairment charges decreased to Dh485 million, resulting in a low cost of risk of 14 bps.

Customer deposits surged by 29% year-on-year to Dh320 billion, while net financing assets increased by 23% to Dh262 billion. The bank saw strong momentum in new business, recording Dh124 billion in gross new financing and Sukuk investments, marking an 80% annual increase.

Chairman Mohammed Ibrahim Al Shaibani emphasized the importance of strong institutions, sound governance, and financial systems that responsibly mobilize and utilize capital to support the UAE's economic priorities. He noted that the bank's performance demonstrated responsible growth and resilience, with a 21% asset expansion and a 29% rise in customer deposits, reinforcing DIB's ability to support the real economy responsibly and at scale.

Group CEO Dr. Adnan Chilwan stated that the bank's focus in 2025 was on converting momentum into tangible results, highlighting a 10.1% increase in non-funded income to Dh4.3 billion. He pointed out the bank's improved risk profile, with the non-performing financing ratio decreasing to 2.65%, down 135 bps year-on-year, and cash coverage rising to 120%. Chilwan attributed these outcomes to consistent underwriting standards, prudent provisioning, and active portfolio management.

DIB continued to expand both consumer and wholesale banking, with consumer banking assets growing by 22% to Dh77 billion and the wholesale portfolio increasing by 24% to Dh185 billion, supported by Dh67 billion in new corporate financing. Cross-border assets saw an 83% year-on-year surge.

The bank also made significant progress in sustainability initiatives, more than doubling sustainable assets to Dh19.5 billion, representing 7.3% of its gross financing portfolio. It issued its first sustainability-linked Sukuk during the year.

DIB highlighted advancements in digital transformation, with its alt mobile app now handling 51% of all customer transactions and digital adoption reaching 97% of customers.

The board proposed a dividend of 35 fils per share, pending regulatory and shareholder approval.