Abu Dhabi Islamic Bank (ADIB) investor relations material

Executive summary

• Achieved record profit before tax of AED 4.3 billion in H1 2026, up 9% year-on-year, driven by robust financing growth and strong customer acquisition across key segments.

• Total assets surpassed AED 300 billion for the first time, reaching AED 304 billion by end-June, supported by significant increases in customer financing and deposits.

• Net profit for H1 2026 rose to AED 3,755.6 million, with total comprehensive income at AED 3,621.3 million.

• Maintained strong fundamentals with a declining NPA ratio to 2.2% and robust liquidity and capital positions.

• The Group operates 61 branches in the UAE and 3 overseas, with subsidiaries in the UAE, Egypt, and the UK.

Financial highlights

• Revenue grew 9% year-on-year to AED 6.5 billion, with non-funded income contributing 37% of total income.

• Customer financing up 26% year-on-year to AED 210.1 billion; deposits up 15% to AED 245.7 billion.

• Net income after tax rose 8% year-on-year to AED 3.76 billion; cost/income ratio at 29%.

• Non-performing asset ratio improved to 2.2%, with coverage ratio at 108%.

• Operating income for H1 2026 was AED 9,687.4 million, up from AED 8,484.2 million year-over-year.

Outlook and guidance

• Upgraded FY 2026 outlook, targeting gross financing growth of 18%-20% and maintaining net profit margin between 3.7%-3.8%.

• Cost of risk expected to remain within 0.40–0.60%; cost/income ratio to stay below 30%.

• Liquidity and funding ratios remain comfortably above regulatory thresholds, with sufficient high-quality liquid assets.

• Cost of risk and cost to income ratio guidance unchanged; return on equity expected to remain above 25%.