Emirates Islamic, part of Emirates NBD Group and a leading Islamic financial institution in the UAE, announced its highest-ever profit before tax of AED3.2 billion (US$870 million) for the first nine months of 2025, as total income rose 9 per cent year-on-year to AED4.5 billion (US$1.23 billion).
This was fuelled by continued expansion in both funded and non-funded income streams, as customer financing grew by a remarkable 20 per cent during the period to AED84.8 billion (US$23 billion). Customer deposits also grew by 20 per cent, reaching AED92.4 billion (US$25.16 billion).
Emirates Islamic reports record profit
Operating profit improved by 8 per cent YoY, while net profit margin was at a healthy 3.64 per cent. Total assets were up by 24 per cent to AED138 billion (US$37.6 billion).
Hesham Abdulla Al Qassim, Chairman, Emirates Islamic, commented: “Emirates Islamic has continued its growth momentum this quarter, and we are pleased to announce another record performance for the first nine months of 2025.
“Emirates Islamic has always led the way in innovation and established itself as a pioneer in the Islamic banking sector. The Bank successfully priced a US$500 million Sustainability-Linked Financing Sukuk, the first of its kind in the world, showcasing its commitment to sustainable finance and supporting the UAE’s sustainability goals. The Sukuk drew strong interest from global investors and its success reflects the confidence of international investors in the bank’s performance.
“At Emirates Islamic, our focus remains on providing world-class Islamic banking solutions to our customers backed by an outstanding customer experience. I am confident that with our investments in AI and digitisation, we will create new efficiencies and elevate our customer proposition.”
Farid AlMulla, Chief Executive Officer, Emirates Islamic, added: “Strong capital and liquidity combined with a healthy deposit mix empowered us to provide improved products to customers, across our Retail, Corporate and SME segments.”
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