Broad-based revenue growth across key businesses translates into strong earnings for DIB

Last updated: April 29, 2026 | 07:00

DIB, the largest Islamic bank in the UAE by assets, recorded operating revenues of Dh3.5 billion for the first quarter of 2026, a 13 per cent year-on-year (YoY) growth, while total assets reached Dh420 billion.

The growth in operating revenues was driven by broad-based momentum across key revenue streams, including a 5 per cent YoY increase in funded income and a 30 per cent YoY rise in non-funded income.

Operating profit increased by 12 per cent YoY to Dh2.5 billion, thanks to solid revenue growth and continued cost discipline, underscoring DIB’s highly efficient operating model with a cost-to-income ratio of 28.2 per cent.

Pre-tax profit reached Dh2.1 billion, reflecting the resilience of the bank’s earnings profile despite a lower rate environment and softer recoveries during the quarter.

“The first quarter of 2026 has once again shown the strength of the UAE’s foundations…