Dubai Islamic Bank (DIB) reported its results for the first nine months of 2026, posting a record gross revenue of Dh18.6 billion, up 7 per cent year on year, in a filing disclosed this week.
Operating revenue climbed 3 per cent to Dh9.9 billion, while operating profit before impairment charges rose 4 per cent to Dh7.1 billion. Profit before tax reached Dh6.6 billion, with profit after tax standing at Dh5.6 billion for the period.
The bank's balance sheet also strengthened. Total assets rose 3 per cent year to date to Dh427 billion. Net financing assets grew nearly 10 per cent to Dh287.1 billion, while combined net financing and sukuk investments increased 6 per cent to Dh372.1 billion. Customer deposits edged up 1 per cent to Dh323.5 billion.
On asset quality and capital strength, the non-performing financing ratio improved to 2.4 per cent, the Common Equity Tier 1 (CET1) ratio rose to 13.4 per cent, and the overall capital adequacy ratio climbed to 16.5 per cent.
Fadhel Abdulbaqi Al Ali, Chairman of Dubai Islamic Bank, said the lender's continued progress is underpinned by strong institutional foundations, a clear strategic direction and the trust it has earned from customers and stakeholders over more than five decades.
Dr Adnan Chilwan, Group Chief Executive Officer, added that the nine-month results reflect a defining characteristic of DIB's approach: consistency in executing strategy and converting priorities into tangible progress.
The results come as the UAE's banking sector has largely sustained its growth momentum despite ongoing regional tensions, with Islamic lenders in particular benefiting from steady demand for Sharia-compliant financing products across the retail and corporate segments.