The Emirates Islamic has delivered a record of AED2.2 billion profit before tax in first half of 2025 and reflecting a strong growth of momentum.
The total income rose 9% year on year to AED 2.9 billion, driven by a continued expansion in both funded and non-funded income streams.
Customer financial grew 13% to AED 80 billion, while the customers can deposit showed an exceptional growth, raising 27% to AED 97.4 billion.
Savings and Current account balances now to represent 65.5% of total deposits. The results a highlight Emirates Islamic position as one of the UAE’s leading Islamic banks.
Key Highlights – First Half 2025
- Strong operating performance on higher funded income and non-funded income.
- Total income up 9% y-o-y driven by higher funded and non-funded income.
- Expenses increased 15% y-o-y reflecting continued investments to drive growth.
- Impairment allowances credit at AED 136 million.
- Operating profit improved 6% y-o-y.
- Net profit increased to AED 1.863 billion, up to 12%.
- Net profit margin healthy at 3.74%.
- Strong capital and liquidity combined with a healthy deposit mix empowering the Bank to provide improved products to customers.
- Total assets increased by 24% to AED 138 billion during the first half of 2025.
- Customer financing at AED 80 billion, increased 13% during the first half of 2025.
- Customer deposits at AED 97.4 billion, increased 27% during the first half of 2025 with Current and Saving account balances at 65.5% of deposits.
- Credit Quality: Non-performing financing ratio at 2.8% with strong coverage ratio at 159.9%.
- Capital: Common Equity Tier 1 ratio at 17.4% and Capital adequacy ratio at 18.5% reflect the bank’s strong and stable capital position.
- Headline Financial to Deposit ratio at 82% comfortably within the management’s target range.
