Dubai Islamic Bank (DIB) investor relations material

Executive summary

• Delivered strong first half 2026 performance with disciplined growth, resilient profitability, and robust balance sheet strength, despite a challenging macro and geopolitical environment.

• Achieved total assets of AED 423.2 billion, up 2% year-to-date, and net financing assets of AED 281 billion, up 7% year-to-date, supported by broad-based business growth.

• Gross revenues rose 10% year-on-year to AED 12.4 billion, with operating profit up 6% to AED 4.8 billion, reflecting disciplined cost management.

• Asset quality improved, with NPL/NPF ratio down 25 bps to 2.4% and cost of risk stable at 28 bps.

• No significant one-offs; performance driven by core business profitability and improved asset quality.

Financial highlights

• Net profit after tax for H1 2026 was AED 3,736 million, nearly flat year-over-year; total income rose to AED 12,439 million.

• Operating expenses increased to AED 1,971 million; cost-to-income ratio at 29% for H1 2026.

• Customer deposits reached AED 327 billion, with CASA balances stable at 34%.

• Gross funded income grew 10% YoY to AED 10.2 billion; non-funded income up 7% YoY to AED 2.2 billion.

• Basic and diluted EPS for the period was AED 0.47, up from AED 0.46 year-over-year.

Outlook and guidance

• On track to achieve full-year guidance: 10% net financing growth, NIM at 2.3%, cost-to-income ratio targeting 28%, ROE at 20%, and NPL ratio below 2.5%.

• Confident in maintaining guidance for the remainder of 2026, with expectations of improved lending pipeline and easing deposit pricing.

• Management continues to monitor macroeconomic and geopolitical risks, maintaining overlays for expected credit losses.

• The Group is actively participating in the Central Bank of UAE's Resilience Program, providing payment deferrals to eligible customers.