Emirates Islamic profit before tax rises 26% to a record AED 3.9 billion in 2025

5 Min | 26 January 2026

Dubai, 26 January 2026: Emirates Islamic announced a record AED 3.9 billion profit before tax for 2025, marking a 26% increase over the previous year, reflecting robust revenue growth across all business units. Strong performance in both funded and non-funded income highlights positive market demand and effective diversification of revenue streams. Total income surged by 11% to AED 6 billion as assets grew by a remarkable 31.2% to AED 146 billion in 2025. Further underscoring the strength of the regional economic environment, Emirates Islamic’s customer financing increased by an impressive 26% to AED 89 billion and customer deposits rose by 33% to AED 102 billion. In 2025, the Bank took significant strides in advancing its ambition of becoming the Islamic banking leader in the UAE by fulfilling the banking needs of all segments of customers.

Key Highlights – FY 2025

Very strong operating performance on higher funded and non-funded income

Total income grew by 11% y-o-y to AED 6 billion driven by higher funded and non-funded income
Expenses up 14% y-o-y, as the Bank continues to invest in technology and talent
Impairment allowances decreased 68% y-o-y due to improvement in credit quality
Profit before tax increased to a record AED 3.9 billion, up by 26%
Net profit 19% higher to AED 3.3 billion reflecting strong growth momentum

Robust capital and liquidity position, supported by healthy deposit mix, ensures continued support for customers and growth

Total assets up by 31.2% to AED 146 billion, reflecting continued balance sheet growth in 2025
Customer financing grew by 26% to AED 89 billion, driven by strong business momentum
Customer deposits increased by 33% to AED 102 billion in 2025 supported by a strong Current Account and Savings Account mix representing 67% of total deposits
Credit Quality remained strong, with the non-performing financing ratio improving to 2.6% and a healthy coverage ratio at 152.1%
Capital: Tier 1 ratio of 14.7% and 15.8% Capital adequacy ratio reflect Bank’s rock-solid capital position
Headline Financing to Deposit ratio at 87%, underlines healthy liquidity in the UAE

Hesham Abdulla Al Qassim, Chairman of Emirates Islamic said:

“Emirates Islamic concluded 2025 with a record financial performance, driven by strong growth across our core segments and product offerings serving individuals, small businesses and corporates.
The Bank’s exceptional performance reflects sustained momentum throughout the year, driven by a strong balance sheet and a record profit before tax of AED 3.9 billion.
With over 20 years of operations, Emirates Islamic continues to build trust with its customers by delivering superior banking experiences and relevant product propositions that support businesses across sectors and empower individuals to achieve their financial goals.
We intend to play a leading role in the UAE's 2025 Islamic Finance and Halal Industry Strategy, announced recently by the UAE Cabinet. Through our scale, innovation, and expanding suite of Shariah-compliant solutions, we will continue to advance the development of Islamic Finance.
Our talented workforce remains the cornerstone of our success, shaping our growth and a culture that defines Emirates Islamic. Our Emiratisation initiatives play a vital role in strengthening this culture and reinforcing our contribution to national economic objectives.
Inspired by the visionary leadership, trust, and support of the rulers of Dubai and the UAE, we continue to strive to exceed our ambitions. Our determination is set on leveraging our success, cultivating resilience, championing innovation and advancing collective prosperity for the next 20 years and beyond.”

Farid Al Mulla, Chief Executive Officer of Emirates Islamic said:

“Emirates Islamic’s outstanding financial performance in 2025 underscores the Bank’s leadership among UAE Islamic banks, with total assets growing by 31.2% to AED 146 billion. Driven by higher funded and non-funded income, total income grew by 11% to AED 6 billion in 2025.
We delivered pivotal innovations this year, including the world’s first Sustainability-Linked Financing Sukuk and the Islamic banking sector’s first Treasury repo transaction. Our unwavering commitment to such continuous innovation generates significant value for customers and our operations.
While maintaining our strong position as the bank of choice for millennials, we are proactively cultivating our future customer base through the newly launched Alpha Youth Account, designed exclusively for those under 18, as part of our ongoing commitment to community empowerment, financial inclusion and innovation in Islamic Banking.
We continue to strengthen our partnerships with SMEs and large corporates across various sectors, providing them with enhanced banking support through digital and product innovation.
Expanding our commitment to enhancing the quality of life for People of Determination, Emirates Islamic collaborated with the Mohammed Bin Rashid Housing Establishment in 2025 to support the ‘Housing of the Future’ campaign by providing innovative and sustainable housing solutions tailored to their needs.
We are committed to shaping the future of Islamic banking by providing a best-in-class experience, expanding our universal banking capabilities, and reinforcing our responsible banking ethos. By innovating with purpose, we will enrich the lives of our customers and contribute significantly to the prosperity of our stakeholders and the nation.”

Mohammad Kamran Wajid, Deputy Chief Executive Officer of Emirates Islamic said:

“2025 was a transformative year for Emirates Islamic, marked by continued strengthening of our financial performance driven by sustainable growth and innovation.
Service excellence remains a core differentiator for us. With a clear understanding of our strengths and opportunities for improvement, we launched several initiatives to enhance turnaround times, streamline processes and elevate the overall customer experience.
We continue to invest in integrated systems and digital capabilities to ensure seamless service delivery. Our Alpha Youth Account was designed as a fully digital proposition tailored to the next generation, while our in‑house 4X platform integrates multiple systems to eliminate duplication and strengthen internal collaboration.
As one of the UAE’s leading Islamic banks, we remain committed to serving customers across the nation. In 2025, we focused on expanding our digital banking capabilities and widening the reach of our sales teams. Through technology, we are enhancing connectivity and ensuring accessibility for customers across all Emirates.
As we enter a new phase of growth, we will continue deepening our integration with Emirates NBD, scaling our digital and operational capabilities, and accelerating initiatives that deliver enhanced customer service, improved efficiency and greater value.”