7 Hrs
Source:
الاقتصادية
Dubai Islamic profits hit 3.6 billion in 9 months
Dubai Islamic Bank achieved a net profit of 5.6 billion dirhams during the first nine months of 2026, reflecting a slight decrease of 1% compared to the same period last year. Meanwhile, financing grew by 10% to reach 287.1 billion dirhams. Despite geopolitical challenges and global market uncertainties, the bank maintained a strong financial position, with total assets amounting to 427 billion dirhams, and its capital adequacy ratio increasing to 16.5%. The bank focused on enhancing asset quality and customer service, while aiming to expand Islamic financing and develop banking technology to strengthen its position both locally and internationally.
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