Dubai-listed lender DIB posts nine-month 2026 net profit of $1.52bln

By Staff Writer

Dubai Islamic Bank (DIB) saw its net earnings dip slightly in the first nine months of the year despite higher gross revenues.

Net profit for January to September 2026 reached AED 5.6 billion ($1.52 billion), down 1% from the previous year’s AED 5.7 billion, according to the bank’s earnings report.

Gross revenues for the same period grew 7% to AED 18.6 billion. Operating profit before impairment charges also went up 4% to AED 7.1 billion.

The full-service Islamic bank’s total assets grew 3% to AED 427 billion, while its capital adequacy ratio strengthened to 16.5%.

Customer deposits were up 1% to AED 323.5 billion. The bank also saw an improved non-performing financing ratio at 2.4% and the CET1 ratio at 13.4%.

Total assets reached AED 427.0 billion, while its capital adequacy ratio (CAR) strengthened to 16.5%.

“These results demonstrate the strength of DIB's business model and its capacity to sustain growth, support customers and pursue new opportunities while maintaining sound financial fundamentals,” Fadhel Abdulbaqi Al Ali, Chairman, DIB, said.

(Writing by Cleofe Maceda; editing by Seban Scaria)

Seban.scaria@lseg.com