Dubai Islamic Bank Pjsc · DFM:DIB
Dubai Islamic Bank Pjsc — Dubai Islamic Bank — H1 2025 Earnings Presentation
36 slides from Dubai Islamic Bank Pjsc's earnings presentation, Oct 17, 2025
Slide 1: DIB Investor Presentation H1 2025
Sub title can be added here 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: GCC region poised for healthy growth in 2025
GCC region is poised for healthy growth in 2025 given its strong fundamentals despite volatility in oil price Brent Oil (USD/barrel) Real GDP Growth (2025F, %) Fiscal Breakeven Oil Price (USD/bbl) 5.0% 105 KSA : $92 4.5% UAE : $50 4.0% 95 Qatar : $45 3.5% 3.0% 85 Kuwait : $80 2.5% 4.4% 75 2.0% 1.5%
Slide 5: UAE economy expected to grow by 4.4% in 2025
UAE economy expected to grow by 4.4% in 2025; Dubai’s key economic drivers trending in the right direction UAE GDP (AED Tn) UAE Non-Oil GDP Breakdown (2024) UAE PMI Others Trade 2.5 4.4% 4.8% 17.4% 16.8% 60.0 4.0% 4.3% 2.0 1.9 3.8%Professional 58.0 1.8 3.3% Services AED 0.5 5.8% Manufacturing 56.0 5
Slide 6: UAE banking sector continues robust growth
UAE banking sector continues its robust growth while maintaining strong capital and liquidity metrics ,000 UAE Banking Credit (AED Bn) UAE Banking Deposits (AED Bn) ,800 +9.5% +10.3% YoY 3,000 YoY ,600 2,800 2,688 ,400 2,603 2,240 2,548 2,162 2,181 2,600 2,436 2,471 ,200 2,101 2,047 2,400 ,000 2,200
Slide 7: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary 5 Appendix 7
Slide 8: H1'25 Key Performance Highlights
H1’25 Key Performance Highlights Macro-economic Backdrop: ▪ Despite geo-political tensions & tariff uncertainties, GCC region continues to be strong and resilient. ▪ In the UAE, economic activity across oil and non-oil sectors are growing with little impact from recent geo-political events; non-oil
Slide 9: Income Statement: 16% growth in Net Profit before tax
Income Statement: Solid progress across key metrics contributed to 16% growth in Net Profit before tax AED Mn H1’25 H1’24 YoY % Q2 ’25 Q1 ‘25 QoQ % H1‘25 Highlights Net Funded Income 4,314 4,283 1% 2,122 2,192 (3%) • Operating Revenue growth of 16% Non-Funded Income 2,059 1,775 16% 1,097 962 14% gro
Slide 10: Revenue Drivers
Revenue Drivers: Robust growth in core non-funded income supported by stable funded income; marginal decline in profit margins Net Funded Income (AED Mn) Yields / CoF / Margin (%) 0 0 6.5% 7.0% 6.5% 6.4% 6.5% 2,522 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% 3.4% 3.4% 0 3.0%
Slide 11: Operating Efficiency
Operating Efficiency: Marginal Opex growth due to on-going technology and digital upgrade costs Operating Expenses (AED Mn) & Cost to Income (%) H1’25 Operating Expenses Composition 000 28.3% 27.8% 28.1% 28.0% 28.4% 30.0% Depreciation 26.7% 8% 900 925 883 25.0% 800 869 871 849 836 700 20.0% General
Slide 12: Balance Sheet: Asset growth in H1'25
Balance Sheet: Asset growth in H1’25 led by AED 60 Bn of gross new underwriting in financing assets & Sukuk portfolio AED Bn H1’25 FY’24 YTD % H1’24 YoY % H1‘25 Highlights Net Financing Assets 237 212 12% 199 19% • Net Financing Assets grew by 12% YTD on Sukuk Investments 89 82 9% 79 14% the back of
Slide 13: Total Assets: Financing Portfolio well-diversified
Total Assets: Financing Portfolio remains well-diversified; Real Estate exposure is now only 11% of bank’s financing book Net Financing Assets (AED Bn) Sukuk Investments (AED Bn) 19% 14% YoY YoY 240 237 89 90 230 223 84 85 82 220 79 79 212 80 210 207 76 201 199 75 200 190 70 180 65 Q1 '24 Q2 '24 Q3
Slide 14: Asset Quality (1/2): NPF ratio lowest in 5 years
Asset Quality (1/2) : NPF ratio fell to its lowest level in the last 5 years while Coverage ratios further strengthened NPF* (AED Mn) and NPF Ratio1 (%) Impairment charges (AED Mn) and Cost of Risk (CoR %) (163 bps) (24 bps) YoY YoY 0 4.97% 4.99% 400 0.45% 0.40% 0.44% 0 4.27% 0.40% 4.00% 3.70% 300 3
Slide 15: Asset Quality (2/2): Decline in stage 2 & 3 exposures
Asset Quality (2/2) : Marked decline in stage 2 & stage 3 exposures to 7.5% of gross financing book Stage 1 Gross Exposures (AED Bn) Stage 2 Gross Exposures (AED Bn) Stage 3 Gross Exposures (AED Bn) 22% (23%) (27%) YoY YoY YoY 240 225 14 12 15 13 11 11 220 211 14 11 199 13 12 10 9 9 200 192 9 184 18
Slide 16: Liquidity: Customer deposits grew 14% YTD
Liquidity: Customer deposits grew by 14% YTD with stable CASA levels Funding Sources (Q2 ’25, %) Deposits (AED Bn) and CASA (%) Other 21% Sukuk Payables Due to banks YoY Financing 4% 1% 6% 300 42% 37% 46% 38% 38% 38% 280 41% Equity 260 36% 36% 13% 240 31% 220 AED 373 Bn 200 26% 284 21% (+16% YoY) 18
Slide 17: Regulatory Capital
Regulatory Capital: Optimal capital levels maintained despite strong H1’25 growth Regulatory Capital1 (AED Bn) Regulatory Capital Ratios (%) 47.3 47.0 47.4 17.5% 18.1% 18.3% 18.3% 45.6 46.0 17.3% 16.7% 44.1 2.9 3.0 2.9 3.1 3.2 16.9% 2.9 16.4% 17.1% 17.2% 16.1% 15.6% 8.3 8.3 10.1 7.3 7.3 8.3 13.1% 13
Slide 18: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary 5 Appendix 18
Slide 19: Consumer Business
Consumer Business: Strong growth across asset products; customer deposits grew by 9% YTD Revenue and Gross Yields (AED Mn,%)* Net Financing Assets (AED Bn) Gross Assets by product (H1’25, %) (6%) 18% YoY YoY Personal Finance 75 71 1,143 Home 33% 1,400 1,074 10.00% 70 68 Finance 1,200 9.00% 63 65 61
Slide 20: Local & Cross-Border Corporate Business
Local & Cross-Border Corporate Business: Solid H1’25 performance led by 11% YTD growth in assets & 18% YTD growth in deposits Revenue and Gross Yields (AED Mn,%)* Net Financing Assets (AED Bn) Gross Assets by sector (H1’25,%) 3% 19% YoY YoY Utilities 6% Auto 6% ,400 0.08 Trade 5% Aviation 719 742 17
Slide 21: Treasury Business
Treasury Business: 9% YTD growth in the sukuk portfolio; revenue growth driven by continued high yields Revenue and Gross Yields (AED Mn,%)* Sukuk (AED Bn) 31% 13% YoY YoY 800 720 6.00% 95 5.80% 89 700 551 164 5.60% 74 5.40% 69 75 5.20% 84 600 5.00% 82 82 4.80% 500 51 4.99% 4.99% 4.60% 79 79 4.83% 4
Slide 22: Digital: Bank continues to add more digital users
Digital: Bank continues to add more digital users with increased pace of customer acquisition digitally Digital Channels Adoption Digital Registered User Base* (‘000) 13% ➢ # of registered digital users grew by 13% YoY and 7% YTD, reflecting YoY sustained adoption & deeper engagement across digital
Slide 23: H1'25 Sustainability Highlights
H1 ‘25 Sustainability Highlights Published first of its kind Sustainability-Linked Finance Facilities financing Framework Sustainability is integral to DIB’s by an Islamic bank, enabling tailored funding solutions for emerging sustainability identity and operations, priorities reflecting a deep comm
Slide 24: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary 5 Appendix 24
Slide 25: Summary
Summary ✓ Robust growth in Net Financing and Sukuk Target Metrics H1’25 Performance FY’25 Guidance portfolio achieved on the back of higher gross new financing in H1’25 of more than AED 60 Bn. Net Financing & Sukuk 11% 15.0% growth Net Profit Margin 2.7% 2.8% - 3.0% ✓ Delivered Net Financing and Suk
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 373Bn in assets Corporate Banking ❖ Well established franchise, serving > 5mn customers
Slide 28: Bank's strategy aligned with UAE's 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 financing Clear Strategy & ❖ Cost di
Slide 30: Decade of delivering strong shareholder returns
Decade of delivering Strong shareholder returns Share Price Movement (AED, Jan’13 – Jun’25) 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 Jul-24
Slide 31: Consolidated Income Statement
Consolidated Income Statement AED Mn H1’25 H1’24 Net Income Income from Islamic financing and investing transactions 9,295 9,517 Fees & Commission 932 912 Income / (loss) from other investments measured at fair value 9 13 Income from properties held for development and sale 223 139 Income from inves
Slide 32: Consolidated Balance Sheet
Consolidated Balance Sheet AED Mn 30 Jun 2025 31 Dec 2024 Assets Cash and balances with central banks 22,950 26,700 Due from banks and financial institutions 3,440 5,642 Islamic financing and investing assets, net 237,376 212,427 Investments in Islamic Sukuk measured at amortized cost 89,285 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
DIB Debt Capital Markets – Deal Experience GRE and Corporate Transactions in 2025 Sovereigns and Supranationals Financial Institutions June 2025 April 2025 June 2025 May 2025 May 2025 May 2025 April 2025 April 2025 Republic of Turkiye Kingdom of Bahrain Qatar Islamic Bank Boubyan Bank Sharjah Islami
Slide 35: 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 36: 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