Business
Dubai Islamic Bank reports 10% revenue growth to 12.4 billion dirhams in first half of 2026
July 15, 2026 at 05:24 AM
Coverage
Dubai Islamic Bank announced its financial results for the first half of 2026, with total revenue reaching 12.4 billion dirhams.
- Total revenue rose 10% year-on-year to 12.4 billion dirhams, while net profit after tax stood at 3.7 billion dirhams.
- Net financing assets increased 7% since the start of the year to 281 billion dirhams, driven by demand in retail and corporate banking.
- The bank issued $1 billion in Additional Tier 1 sukuk and provided 3.1 billion dirhams in sustainable financing.
- Chief Executive Adnan Chilwan said revenue growth was supported by strong performance of both financing and non-financing income sources.