Islamic bank assets rise by 112.7b dirhams
Central Bank statistics show that the assets of Islamic banks in the UAE reached 1.001 trillion dirhams by the end of June 2026, representing a growth of 12.7% (112.7 billion dirhams) over the year, compared to 888.3 billion dirhams in June 2025. Credit also increased by 18.6% (101.7 billion dirhams) during the same period, reaching 648.8 billion dirhams, while deposits rose by 14% (91.9 billion dirhams) to 747.8 billion dirhams. Investments, however, declined slightly by 0.3% (500 million dirhams) to 173.3 billion dirhams. Over six months, assets grew by 3.8% (36.8 billion dirhams), credit increased by 8.5%, and deposits went up by 4.3%.
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