Dubai Islamic Bank Pjsc · DFM:DIB
Dubai Islamic Bank Pjsc — Dubai Islamic Bank — Q3 2025 Earnings Presentation
37 slides from Dubai Islamic Bank Pjsc's earnings presentation, October 2025
Slide 1: DIB Investor Presentation
DIB Investor Presentation Q3 2025 DIB Investor Presentation H1 2025
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: This presentation may contain statements about future events and expectations that are forward-looking statements. These statements typicall
Slide 3: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary 5 Appendix 3
Slide 4: UAE's robust economic growth anchored by diversification and non-oil sectors' strength
UAE’s robust economic growth anchored by diversification and non-oil sectors’ strength UAE Real GDP Growth (%) UAE GDP (Q1 ‘25) UAE Non-Oil GDP Breakdown (Q1 ‘25) 0 7.5 Others Trade Oil GDP 17% 16% 0 23% 0 5.3 4.9 Professional 0 4.3 4.0 AED Services AED Finance & 6% Insurance 0 0 455 Bn Social Secur
Slide 5: Dubai's broad-based economic expansion reflecting strength across key growth sectors
Dubai’s broad-based economic expansion reflecting strength across key growth sectors Dubai GDP (Q1 ’25) Dubai Key Sectors YoY Growth Rate (Q1’25 vs Q1’24) – (%) Others 12% Real Estate 7.8% Accomodation & Food Trade 4% 23% Finance & Insurance 5.9% Information & Communication 4% Trade 4.5% Professiona
Slide 6: UAE banking sector continued to demonstrate strong credit growth and solid profitability
UAE banking sector continued to demonstrate strong credit growth and solid profitability Total Assets (AED Bn) UAE Banking Credit (AED Bn) UAE Banking Deposits (AED Bn) 3,000 +15% 2,800 +11% +13% 0 YoY YoY 3,000 YoY 2,600 2,789 4,973 0 4,719 2,334 2,800 2,688 4,559 2,400 2,548 2,603 4,310 4,402 2,24
Slide 7: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary 5 Appendix 7
Slide 8: 9M'25 Key Performance Highlights
9M’25 Key Performance Highlights Macro-economic Backdrop: ❖ Global GDP growth projected at ~3% in 2025, reflecting resilient but modest expansion in the face of lingering trade tensions and policy uncertainty ❖ GCC economy is poised to grow by ~3.2% in 2025 led by the UAE economy which is expected t
Slide 9: Income Statement: Strong profitability and returns generated on the back of solid revenue growth
Income Statement: Strong profitability and returns generated on the back of solid revenue growth and strong asset quality AED Mn 9M’25 9M’24 YoY % Q3 ’25 Q2 ’25 QoQ % 9M‘25 Highlights Net Funded Income 6,646 6,428 3% 2,333 2,122 10% ▪ Operating Revenue growth of 6% YoY Non-Funded Income 3,029 2,657
Slide 10: Revenue Drivers: Strong growth in funded and non-funded income
Revenue Drivers: Strong growth in funded income and non-funded income levels due to increased asset base and stable margins Net Funded Income (AED Mn) Yields / CoF* / Margin (%) 0 +9% YoY 0 6.5% 7.0% 6.5% 6.4% 6.5% 2,522 2,333 5.8% 5.8% 5.8% 0 2,148 2,144 2,192 2,135 2,122 0 5.0% 4.0% 4.0% 4.0% 4.0%
Slide 11: Operating Efficiency: Consistent growth in Operating Profit despite technology investments
Operating Efficiency: Consistent growth in Operating Profit despite increased strategic investments in technology Operating Expenses (AED Mn) & Cost to Income (%) 9M’25 Operating Expenses Composition 000 28.3% 28.1% 28.0% 28.4% 28.7% 30.0% 27.8% Depreciation 26.7% 966 7% 900 925 883 25.0% 800 869 87
Slide 12: Balance Sheet: Asset growth in 9M'25
Balance Sheet: Asset growth in 9M’25 led by AED 91 Bn in gross new financing assets & Sukuk portfolio AED Bn 9M’25 FY’24 YTD % 9M’24 YoY % 9M‘25 Highlights Net Financing Assets 248 212 17% 207 20% Sukuk Investments 95 82 16% 79 20% ▪ Net Financing Asset growth of 17% Net Financing Assets & Sukuk Inv
Slide 13: Total Assets: Solid asset growth across core business segments
Total Assets: Solid asset growth reflecting strength across core business segments Net Financing Assets (AED Bn) Sukuk Investments (AED Bn) +20% +20% YoY YoY 300 100 95 89 248 90 82 84 237 76 79 79 250 212 223 80 201 199 207 200 70 60 150 50 40 100 30 50 20 10 0 0 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25
Slide 14: Asset Quality (1/2): Continued improvement in asset quality
Asset Quality (1/2) : Continued improvement in asset quality reflecting strong risk discipline NPF* (AED Mn) and NPF Ratio1 (%) Impairment charges (AED Mn) and Cost of Risk (CoR %) (114 bps) YoY 0 4.97% 4.99% 400 0.40% 0.44% 4.27% 0.40% 0 4.00% 3.70% 300 3.36% 3.13% 0 0.26% 0.30% 10,620 10,600 200 0
Slide 15: Asset Quality (2/2): Higher Stage 1 exposures and stronger stage 3 coverage
Asset Quality (2/2) : Portfolio quality further reflected by higher Stage 1 exposures % and stronger stage 3 coverage ratio Stage 1 Gross Exposures (AED Bn) Stage 2 Gross Exposures (AED Bn) Stage 3 Gross Exposures (AED Bn) 25 +23% 23 (8%) (11%) YoY YoY YoY 260 21 12 236 11 11 240 225 19 11 211 17 10
Slide 16: Liquidity: Robust funding strength supported by continued deposit momentum
Liquidity: Robust funding strength supported by continued deposit momentum Funding Sources (Q3’25, %) Customer Deposits (AED Bn) and CASA (%) Other +27% Sukuk Payables Due to banks YoY Financing 4% 1% 5% 350 42% 46% 38% 38% 38% 37% 36% 36% 41% Equity 300 13% 36% 31% 250 AED 393 Bn 26% (+19% YoY) 200
Slide 17: Regulatory Capital: CET 1 ratio strengthens further to 13.4%
Regulatory Capital: CET 1 ratio strengthens further to 13.4% from internal capital generation Regulatory Capital1 (AED Bn) Regulatory Capital Ratios (%) 17.5% 18.1% 18.3% 18.3% 47.3 47.0 46.0 47.4 48.6 17.3% 16.7% 16.6% 44.1 45.6 3.0 2.9 3.2 2.2 16.4% 16.9% 2.9 2.9 3.1 7.3 17.1% 17.2% 16.1% 15.6% 15
Slide 18: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary 5 Appendix 18
Slide 19: Consumer Business: 9M'25 Revenue growth led by volume growth
Consumer Business: 9M’25 Revenue growth led by growth in volumes across products, supported by stable yields Revenue and Gross Yields (AED Mn,%)* Net Financing Assets (AED Bn) Gross Assets by product (9M’25, %) +19% +21% YoY YoY Personal 80 Finance 1,254 74 Home 34% 1,400 1,055 10.00%75 71 Finance 1
Slide 20: Local & Cross-Border Corporate Business: Solid 9M'25 performance
Local & Cross-Border Corporate Business: Solid 9M’25 performance led by 16% YTD growth in assets & 26% YTD growth in deposits Revenue and Gross Yields (AED Mn,%)* Net Financing Assets (AED Bn) Gross Assets by sector (9M’25,%) 28% 19% YoY YoY Utilities 8% Auto 7% 00 808 0.08 Trade 5% Aviation 632 180
Slide 21: Treasury Business: Sukuk volumes grew by 16% YTD
Treasury Business: Sukuk volumes grew by 16% YTD in 9M’25; Treasury Revenue growth supported by improved yields Revenue and Gross Yields (AED Mn,%)* Sukuk (AED Bn) 20% YoY 800 6.00% 115 5.80% 700 5.60% 160 74 5.40% 73 75 5.20% 600 73 5.00% 95 82 4.80% 500 51 4.60% 95 89 4.77% 4.81% 4.80% 4.79% 4.87%
Slide 22: Digital: Customer usage of digital channels continues to be strong
Digital: Customer usage of digital channels continues to be strong; 97% of all transactions being processed digitally Key Highlights Digital Registered User Base* (‘000) 15% YoY 33% YoY growth in number of registered 1,367 1,402 1,434 1,490 1,537 1,589 1,648 Online Banking and Mobile App users Q1'24
Slide 23: Sustainability: Improved ESG scores across rating agencies
Sustainability: Improved ESG scores across rating agencies underscore the progress made by DIB on its sustainability agenda Sustainability is integral to DIB’s Improved ESG scores across rating agencies, including Morningstar Sustainalytics, S&P Global, London Stock Exchange Group identity and opera
Slide 24: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary 5 Appendix 24
Slide 25: Summary
Summary ✓ 2025 has been a year of solid growth Target Metrics 9M’25 Performance FY’25 Guidance story; DIB has surpassed full year guidance on growth through focused execution across businesses. Net Financing & Sukuk growth 17% 15% Net Profit Margin 2.7% 2.8% - 3.0% ✓ More than AED 90 Bn in new gross
Slide 26: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary 5 Appendix 26
Slide 27: DIB – A leading global Islamic bank
DIB – A leading global Islamic bank Key Facts Key Businesses ❖ Dubai Islamic Bank was the first Islamic Bank in the world, established in 1975 Consumer Banking ❖ One of the largest Islamic Banks globally with AED 393Bn in assets Corporate Banking ❖ Well established franchise, serving > 5mn customers
Slide 28: Bank's strategy aligned with UAE's ambitious and expansionary agenda
Bank’s strategy aligned with UAE’s ambitious and expansionary agenda • Technology Infrastructure Upgrade Digital Transformation • Streamlined Digital Journeys & enhanced experience • AI-driven Banking • Further strengthen Risk Management Framework Robust Foundation • Remain focused on Asset Quality
Slide 29: Key Investment Highlights
Key Investment Highlights ❖ Amongst World’s “Top 3” Islamic Banks by Total Assets A Leading Islamic ❖ #1 Islamic Bank in the UAE Banking Franchise ❖ Serving > 5mn customers across network of over 450 branches and 1,100 ATMs ❖ Focused growth, underpinned by Strong underwriting Clear Strategy & ❖ Cost
Slide 30: Decade of delivering Strong shareholder returns
Decade of delivering Strong shareholder returns Share Price Movement (AED, Jan’13 – Sep’25) 11.0 10.0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18 Jan-19 Jul-19 Jan-20 Jul-20 Jan-21 Jul-21 Jan-22 Jul-22 Jan-23 Jul-23 Jan-24 J
Slide 31: Consolidated Income Statement
Consolidated Income Statement AED Mn 9M’25 9M’24 Net Income Income from Islamic financing and investing transactions 14,344 14,337 Fees & Commission 1,437 1,242 Income / (loss) from other investments measured at fair value 13 14 Income from properties held for development and sale 365 229 Income fro
Slide 32: Consolidated Balance Sheet
Consolidated Balance Sheet AED Mn 30 Sep 2025 31 Dec 2024 Assets Cash and balances with central banks 25,578 26,700 Due from banks and financial institutions 3,475 5,642 Islamic financing and investing assets, net 248,301 212,427 Investments in Islamic Sukuk measured at amortized cost 95,118 82,161
Slide 33: DIB's ESG Vision and 2030 ESG Strategy
DIB’S ESG Vision and 2030 ESG Strategy “Own theESG “Own the ESG Space” space” Strategic Pillars Lead by Example Finance a Sustainable Future Priority Areas 1 2 3 4 5 6 7 8 Reduce Champion Embrace Enhance Drive Promote Operational Business Ethics Propel Sustainable Embed ESG in Diversity & Employee T
Slide 34: DIB Debt Capital Markets – Deal Experience (1/2)
DIB Debt Capital Markets – Deal Experience Deals and Transactions in 2025 (1/2) Sovereigns and Supranationals September 2025 September 2025 September 2025 Islamic Corporation for Arab Republic of Egypt Kingdom of Saudi Arabia the Development US$ 1.5bn US$ 5.50bn US$ 500mn 6.375% 2029 Sukuk 4.250% 20
Slide 35: DIB Debt Capital Markets – Deal Experience (2/2)
DIB Debt Capital Markets – Deal Experience Deals and Transactions in 2025 (2/2) GREs September 2025 April 2025 April 2025 April 2025 February 2025 January 2025 DP World ADNOC Saudi Electricity Company Saudi Aramco Bapco Energies Public Investment US$3.0bn Fund US$ 1.5bn US$ 1.5bn US$ 2.75bn US$ 1.0b
Slide 36: Select Award & Accolades
Select Award & Accolades MEA Finance • Best Overall Deal of the year SME Summit Best Islamic Bank for • Best Islamic Retail Bank and Awards SMEs 2025 Euromoney 16th Annual • Best Islamic Bank in the UAE Islamic Awards for Best Deal & Finance • Social Impact, SRI ESG Deal Excellence Solution News • I
Slide 37: P. O. Box: 1080, Dubai, UAE +971 4 207 5454, email: investorrelations@dib.ae www.dib.ae/ir
P. O. Box: 1080, Dubai, UAE +971 4 207 5454, email: investorrelations@dib.ae www.dib.ae/ir