ABU DHABI (ALETIHAD)
Abu Dhabi Islamic Bank (ADIB) reported a record performance for the first nine months of 2025, with net profit before tax rising 16% year-on-year to Dh6.1 billion, supported by strong balance sheet growth, disciplined risk management, and continued customer acquisition.
Net profit after tax stood at Dh5.3 billion, up 15% from Dh4.6 billion in the same period of 2024.
Total revenues grew 14% to Dh9.1 billion, driven by robust growth in both funded and non-funded income. Funded income increased 13% to Dh5.5 billion, reflecting higher financing volumes and efficient balance sheet management, while non-funded income climbed 17% to Dh3.6 billion on the back of stronger fee-based and FX income.
Operating expenses rose 11% per cent to Dh2.6 billion, reflecting continued investment in talent and technology. Despite this, the cost-to-income ratio improved by 81 basis points to 28.3%.
The non-performing asset ratio declined to 3.3%—its lowest since Q2 2016—underscoring the bank’s proactive risk management approach. Customer deposits grew 23% year-on-year to Dh222 billion, with current and savings accounts comprising 65% of total deposits, while total assets expanded 21% to Dh270 billion.
Chairman Jawaan Awaidah Al Khaili said the bank’s strong results reflected the cumulative impact of its transformation and a robust UAE economy. “ADIB continues to demonstrate strong momentum, delivering consistent improvements in performance and returns quarter after quarter. Our ongoing investments in innovative products, digital platforms, and AI are driving efficiency, enhancing customer experience, and strengthening capabilities across the franchise,” he said.
He added that the bank’s Vision 2035 strategy “outlines a clear roadmap for ADIB to strengthen its leadership position in Islamic banking by accelerating digital transformation, expanding its footprint, and delivering customer-centric solutions,” noting that ADIB remains aligned with the UAE’s agenda to reinforce the country’s position as a global hub for Sharia-compliant finance.
Group Chief Executive Officer Mohamed Abdelbary said the strong performance was broad-based across all business lines.
“Every business line performed exceptionally well, driven by heightened client activity and increased demand for financing. The steady growth in both funded and non-funded income underscores the strength of our diversified revenue streams and the effectiveness of our enhanced cross-sell initiatives,” he said.
He noted that balance sheet growth was “supported by ample liquidity and strong business and consumer confidence,” with customer financing rising by Dh28 billion year-to-date to Dh171 billion.
“Our cost-to-income ratio improved to 28.3%, reflecting our continued focus on cost efficiency and productivity gains from digital and AI transformation,” he added.
For the third quarter, ADIB’s net profit after tax rose 14% year-on-year to Dh1.83 billion, reflecting continued business momentum across its retail and wholesale segments. Revenues for the quarter reached Dh3.2 billion, up 22% from a year earlier.