Dubai Islamic Bank Pjsc · DFM:DIB
Dubai Islamic Bank Pjsc — Q1 2025 Earnings Presentation
34 slides from Dubai Islamic Bank Pjsc's earnings presentation, Apr 25, 2025
Slide 1: Q1 2025 Investor Presentation
Q1 2025 Investor Presentation 25 April 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 Summary 4 Appendix 3
Slide 4: Global growth outlook weaker due to ongoing trade-related uncertainties
Global growth outlook weaker due to ongoing trade-related uncertainties Global GDP Growth (%) Merchandise Trade Volume* Baseline Adjusted Initial 5% • Reciprocal tariff 115 reinstatement • Increasing trade policy 4% uncertainty 110 3.3% 2.8% 1.4% - 2.8% 3% 2.8% 105 2% 100 1% 95 0% 90 2022 2023 2024
Slide 5: UAE's diversified economy expected to continue its growth, especially in its key non-oil sectors
UAE’s diversified economy expected to continue its growth, especially in its key non-oil sectors UAE GDP (AED Bn) UAE non-oil GDP Breakdown (9M’24) GDP Non-Oil GDP % Trading 16.5% 74.7% Others 2,000 74.3% 75.0% 24.2% 72.6% 74.0% 1,500 72.8% 73.0% AED Manufacturing 71.6% 71.2% 72.0% Prof. Services 98
Slide 6: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Summary 4 Appendix 6
Slide 7: Key Highlights – Q1 2025
Key Highlights – Q1 2025 Economic Outlook: ▪ Global economy expected to slowdown amidst the uncertainties of the ongoing US-led trade policy shifts. ▪ In the UAE, economic activity and credit growth remain strong, underpinned by continued growth in key non- oil sectors. DIB’s Performance Highlights:
Slide 8: Balance Sheet
Balance Sheet YTD YoY Q1 2025 highlights AED Mn Mar 2025 Dec 2024 Mar 2024 Change Change Net Financing Assets 222,553 212,427 5% 200,927 11% • Strong growth momentum in the balance Sukuk Investments 84,150 82,161 2% 75,651 11% sheet with Total Assets growing by 3.1% YTD to over AED 355 Bn. Net Finan
Slide 9: Income Statement
Income Statement YOY QoQ AED Mn Q1 2025 Q1 2024 Q4 2024 Q1 2025 highlights % Change % Change Total Income 5,512 5,607 (2%) 6,346 (13%) • Strong growth in Operating Revenues of Net Operating Revenue 3,154 2,998 5% 3,751 (16%) more than 5% YoY to AED 3.2 Bn. Operating Expenses (883) (849) 4% (871) 1%
Slide 10: Profitability & Cost Structure
Profitability & Cost Structure Non-Funded Income Composition (AED Mn) Operating Expenses Movement (AED Mn) Fees/Comm & FX Other Income Inc. from Assoc. 15% (13%) 8% 4% Inc. from Prop HFS Inc. from Inv. Prop. Inc. / loss other inv. 1,000 0 1,230 69 900 5 883 849 0 3 (40) 925 172 962 800 849 882 700 0
Slide 11: Overview of Total Assets
Overview of Total Assets Assets’ Composition (AED Bn) Net Financing Assets & Sukuks by Segment (AED Bn) Net Financing Assets Sukuk Investments Cash & CB balances Investment in equities & properties FY'23 FY'24 Q1'25 Others Due from banks & FI 155 149 143 Q1 223 84 25 9 9 5 355 2025 82 84 2024 212 82
Slide 12: Segmental Overview – Consumer
Segmental Overview – Consumer Key Highlights Breakdown by Portfolio Revenue Trends (AED Mn)* • Consumer business growth momentum Personal 1,400 10.8% 1,253 10.00% continues with portfolio growing by 7% YTD to Home Finance, 1,131 YoY 9.00% 1,200 AED 68 Bn. Finance, 33% 288 42% 176 8.00% 1,000 • Auto
Slide 13: Segmental Overview – Local & Cross-Border Corporates
Segmental Overview – Local & Cross-Border Corporates Key Highlights Breakdown by Portfolio Revenue Trends (AED Mn)* Utilities, 7% Automobile, (6.5%) • Local & Cross-Border Corporate portfolio Trade, 5% 6% YoY 789 grew by 4% YTD to AED 155 Bn. Aviation, 9% 900 6.71% 738 800 Contracting, 0.06 • Well-d
Slide 14: Segmental Overview – Treasury
Segmental Overview – Treasury Key Highlights Breakdown by Portfolio Aviation, 1% Financial • Fixed Income (Sukuks) portfolio stands at AED 84 billion, a Services, Institutions, growth of more than 2% YTD. 18% 12% • Sovereigns continue to be the largest holding at 66% with a Real Estate, portfolio of
Slide 15: Asset Quality
Asset Quality Impairment charges (AED Mn) and Cost of Risk (COR %) Provisioning (AED Mn), NPF1 (AED Mn) and Cash Coverage Ratio (%) Impairment charges (AED Mn) COR Provisions NPF Coverage Ratio % 700 652 0.5%100% 98% 600 0.4% 98% 97% 530 0.4% 0.4% 0.4% 500 96% 11,497 407 0.3% 400 0.3% 94% 10,305 9,1
Slide 16: Asset Quality (contd.)
Asset Quality (contd.) Islamic financing and investing assets (Gross Exposure by stages) Stage 1 (AED Mn) Stage 2 (AED Mn) Stage 3 (AED Mn) Gross Exposure ECL Coverage Gross Exposure ECL Coverage Gross Exposure ECL Coverage 215,000 0.6% 14,000 90.0% 0.5% 9.4% 78.9% 81.8% 210,000 16,000 8.9% 10.0% 20
Slide 17: Funding Sources and Liquidity
Funding Sources and Liquidity Funding Sources (AED Bn) Liquidity Coverage Ratio (LCR) Due to banks & FIs Other Payables Equity Sukuk Customer Deposits 355 345 314 6 7 13 13 13 49 12 53 47 21 24 20 159% 189% 249 265 133% 222 2023 2024 Q1 2025 2023 2024 Q1 2025 Customer Deposits Highlights By Type By
Slide 18: Capitalization Overview
Capitalization Overview Regulatory Capital1 (AED Bn) Capital Ratios CET 1 AT1 Tier 2 CAR CET1 Ratio Tier 1 47.0 46.0 42.9 18.3% 2.9 3.1 17.3% 17.3% 2.8 7.3 10.1 8.3 17.2% 16.1% 16.1% 12.8% 13.2% 13.4% 31.8 34.0 35.6 2023 2024 Q1 2025 2023 2024 Q1 2025 Dividend History* Highlights • Total Capital bas
Slide 19: Digital drive continues to support overall growth of DIB
Digital drive continues to support overall growth of DIB Digital Registered User Base* (‘000) Mobile Banking Transactions (‘000) +13.5% YoY 1,490 1,537 25,989 1,315 1,355 22,494 1,174 18,181 +13.1% YoY 6,199 7,015 2022 2023 2024 Q1 2024 Q1 2025 2022 2023 2024 Q1 2024 Q1 2025 Internet Banking Transac
Slide 20: Driving Sustainability and 2030 ESG Strategy
Driving Sustainability and 2030 ESG Strategy Sustainability Highlights from Q1 2025 Highlight Description Strategic Area SDGs New and Following the country’s ambitious climate-positive actions, the bank launched the Propel Sustainable expanded inaugural Sustainability-Linked Finance Facilities finan
Slide 21: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Summary 4 Appendix 21
Slide 22: Summary
Summary ▪ Balance Sheet growth reflects the effectiveness of FY 2025 Target Metrics Q1 2025 the expansionary strategy and agenda in this highly Guidance competitive market space. ▪ New Financing stemming from both consumer and Net Financing & 4.1% 15.0% Sukuk growth wholesale showcases the growth mo
Slide 23: Contents
Contents 1 Macro-economic Overview 2 Financial Performance 3 Summary 4 Appendix 23
Slide 24: Consolidated Income Statement
Consolidated Income Statement AED million Q1 2025 Q1 2024 Net Income Income from Islamic financing and investing transactions 4,550 4,757 Fees & Commission 505 483 Income / (loss) from other investments measured at fair value 1 6 Income from properties held for development and sale 101 64 Income fro
Slide 25: Consolidated Balance Sheet
Consolidated Balance Sheet AED million 31 Mar 2025 31 Dec 2024 31 Dec 2023 Assets Cash and balances with central banks 25,379 26,700 24,020 Due from banks and financial institutions 4,940 5,642 4,484 Islamic financing and investing assets, net 222,553 212,427 199,453 Investments in Islamic Sukuk mea
Slide 26: Strategy 2022 - 2026
Strategy 2022 - 2026 Aligning DIB to the ambitions and the expansionary agenda of the UAE Embarked on a new five-year strategy that will… Strengthen the Group Grow the Group >reinforce > energize > adapt > diversify > innovate > expand Strengthen the capital base, Deliver balance sheet growth enhanc
Slide 27: 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 28: DIB – A leading global Islamic bank
DIB – A leading global Islamic bank More than 9,000 employees ▪ Dubai Islamic Bank (“DIB” or the “Bank”) was established in 1975. across the Group ▪ Amongst the largest Islamic Bank by assets globally 5 million + customers globally ▪ 4th largest bank by assets in the UAE. Designated (“D-SIB”)* in 20
Slide 29: DIB's Business Profile
DIB’s Business Profile We operate through the below business segments: Consumer Banking Corporate Banking Investment Banking Treasury Consumer Banking is the largest Corporate Banking is the second Investment Banking acts as the Treasury is an essential part of the business area within the Group in
Slide 30: DIB Debt Capital Markets – Deal Experience
DIB Debt Capital Markets – Deal Experience Select Sovereign and Supranational Agency Transactions The Republic’s 2024 The Republic of turkey Republic of Indonesia offering received Kingdom of Bahrain The Government of the Republic of Turkey 2024 was able to strong support and Kingdom of Bahrain exce
Slide 31: DIB Debt Capital Markets – Deal Experience
DIB Debt Capital Markets – Deal Experience Select Financial Institutions Transactions in 2024 Qatar International Dubai Islamic Bank PJSC DUKHAN BANK Warba Bank Sharjah Islamic Bank Emirates Islamic Bank Islamic Bank USD 500,000,000 USD 800,000,000 USD 300,000,000 USD 500,000,000 USD 500,000,000 USD
Slide 32: DIB Debt Capital Markets – Deal Experience
DIB Debt Capital Markets – Deal Experience GRE and Corporate Transactions in 2024 Saudi Aramco Arada Developments TAP Sobha Realty Tap Public Investment Fund Turkiye Varlik Fonu AerCap Holdings USD 500,000,000 USD 3,000,000,000 USD 150,000,000 USD 230,000,000 USD 1,500,000,000 USD 750,000,000 USD 1,
Slide 33: Select Award & Accolades
Select Award & Accolades • Best Overall Deal of the year • Best Islamic Retail Bank MEA Finance Euromoney 16th Annual • Best Islamic Bank in the UAE GCC GOV Youth Banking Islamic Empowerment Awards for Best Deal & Finance • Social Impact, SRI ESG Deal Technology 2022 Awards Excellence Solution News
Slide 34: DIB Investor Relations
DIB Investor Relations Contact Information P. O. Box: 1080, Dubai, UAE +971 4 207 5454 investorrelations@dib.ae www.dib.ae/about-us/investor-relations Download DIB Investor Relations App for latest P. O. Box: 1080, Dubai, UAE +971 4 207 5454 financial information, events & announcements. investorrel
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