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DIB InvestorPresentation H1 2025 DIB Investor Presentation Q3 2025
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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 typically contain words such as “expects” and “anticipates” and words of similar import. Any statement in this presentation that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this presentation should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the presentation. Neither Dubai Islamic Bank P.J.S.C. (“DIB”), nor any of its shareholders, directors, officers or employees assume any obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements. This presentation and its contents are confidential and are being provided to you solely for your information and may not be retransmitted, further distributed to any other person or published, in whole or in part, by any medium or in any form for any purpose. In particular, this presentation is not for distribution to retail clients. If handed out at a physical investor meeting or presentation, this presentation should be returned promptly at the end of such meeting or presentation. If this presentation has been received in error it must be returned immediately to DIB. The opinions presented herein are based on general information gathered at the time of writing and are subject to change without notice. DIB relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. No reliance may be placed for any purposes whatsoever on the information contained in this presentation, or any other material discussed verbally, or on its completeness, accuracy or fairness. The information in this presentation is subject to verification, completion and change. The contents of this presentation have not been independently verified. Accordingly, no representation or warranty, express or implied, is made or given by or on behalf of DIB or any of its shareholders, directors, officers or employees or any other person as to, and no reliance should be placed on, the accuracy, completeness or fairness of the information or opinions contained in this presentation. Neither DIB nor any of their shareholders, directors, officers or employees nor their respective advisers and/or agents undertake any obligation to provide the recipient with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in any such information which may become apparent. Any investment activity to which this communication may relate is only available to, and any invitation, offer, or agreement to engage in such investment activity will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this presentation or any of its contents. The distribution of this presentation in other jurisdictions may also be restricted by law, and persons into whose possession this presentation comes should inform themselves about, and observe, any such restrictions. This presentation contains data compilations, writings and information that are proprietary and protected under copyright and other intellectual property laws, and may not be redistributed or otherwise transmitted by you to any other person for any purpose. Additionally, this presentation contains translations of currency amounts solely for the convenience of the reader, and these translations should not be construed as representations that these amounts actually represent such U.S. dollar amounts or could be converted into U.S. dollars at the rate indicated. 2
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3 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Contents Macro-economic Overview 5 Appendix
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7.5 4.3 4.0 4.9 5.3 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 2022 2023 2024 2025f 2026f Trade 16% Finance & Insurance 15% Manufacturing 13% Construction 12% Real Estate 7% Transport & Storage 7% Social Security 7% Professional Services 6% Others 17% Non-Oil GDP 77% Oil GDP 23% 4Sources: CBUAE, Dubai Statistics Center , UAE Ministry of Economy & Tourism 55.0 55.0 54.0 54.0 53.3 53.5 52.9 53.3 54.2 48.0 50.0 52.0 54.0 56.0 58.0 60.0 Jan Feb Mar Apr May Jun Jul Aug Sep UAE Non-Oil GDP Breakdown (Q1 ‘25)UAE GDP (Q1 ‘25) AED 352 Bn +5.3% YoY AED 455 Bn +3.9% YoY UAE Real GDP Growth (%) UAE PMI (2025) UAE FDI inflows (US Bn) Social Development and Pensions 39% Government Affairs 36% Infrastructure and Economic Affairs 4% Financial Investments 4% Federal Expenses 18% UAE Federal Budget Allocation, 2025 AED 71.5 Bn UAE’s robust economic growth anchored by diversification and non-oil sectors’ strength 19.9 20.1 22.7 30.7 45.6 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 50.0 2020 2021 2022 2023 2024
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104 182 289 377 499 0 100 200 300 400 500 600 700 800 400 450 500 550 600 650 700 750 800 2021 2022 2023 2024 2025 Value (AED Bn) Trade 23% Finance & Insurance 13% Transportation & Storage 13% Real Estate 8% Manufacturing 7% Public Admin & Defence 4% Construction 7% Professional & technical 4% Information & Communication 4% Accomodation & Food 4% Others 12% 5Sources: CBUAE, Dubai Statistics Center, Dubai Department of Economy & Tourism Dubai Key Sectors YoY Growth Rate (Q1’25 vs Q1’24) – (%) AED 119 Bn +4% YoY Dubai GDP (Q1 ’25) 3.2% 3.3% 3.4% 3.4% 4.5% 5.9% 7.8% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% Information & Comms Manufacturing Accomodation & Food Construction Trade Finance & Insurance Real Estate Dubai Real Estate Sales (9M comparatives over last 5 years) Dubai International Visitors (Mn) Dubai Hotel Occupancy – Avg. (%) 11.93 12.54 Jan-Aug '24 Jan-Aug '25 76.2% Jan-Aug '24 78.5% Jan-Aug '25 Dubai’s broad-based economic expansion reflecting strength across key growth sectors +230 bps
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2,047 2,101 2,162 2,181 2,240 2,334 1,000 1,200 1,400 1,600 1,800 2,000 2,200 2,400 2,600 2,800 3,000 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 6 UAE banking sector continued to demonstrate strong credit growth and solid profitability Sources: CBUAE UAE Banking Credit (AED Bn) UAE Banking Deposits (AED Bn) 2,436 2,471 2,548 2,603 2,688 2,789 1,000 1,200 1,400 1,600 1,800 2,000 2,200 2,400 2,600 2,800 3,000 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 77.0% 78.0% 78.3% 76.6% 76.3% 76.6% 65.0% 70.0% 75.0% 80.0% 85.0% 90.0% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 FDR Ratio 18.0% 18.3% 18.6% 17.8% 17.6% 17.3% 12.0% 14.0% 16.0% 18.0% 20.0% 22.0% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 CAR +11% YoY +13% YoY Total Assets (AED Bn) 4,255 4,310 4,402 4,559 4,719 4,973 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 +15% YoY UAE Banks’ Finance-to-Deposit Ratio (%) UAE Non-Performing Finance Ratio (%)UAE Bank’s Capital Ratios (%) 5.6% 5.4% 5.2% 4.7% 4.3% 3.9% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 NPF Ratio
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7 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Contents Macro-economic Overview 5 Appendix
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8 9M’25 Key Performance Highlights Net Financing & Sukuk AED 343 Bn Customer Deposits AED 302 Bn Net Profit (pre-tax) 10% YoY AED 6.6 Bn 20% YoY 27% YoY 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 to grow at ~ 4.9% ❖ Non-oil activities now account for ~77% of UAE’s GDP and these activities are growing at 5% + YoY , reflecting the success of structural reforms and economic diversification Performance Summary: ❖ Solid growth of 6% YoY in 9M’25 Operating Revenue to AED 9.7 Bn ❖ Impairment charges continue to reflect continuing improvement in asset quality, 9M’25 net charges improved by 45% YoY to AED 292 Mn ❖ Strong returns with 9M’25 RoTE (before tax) of 22% ❖ Robust growth of 14% YTD in the bank’s Total Assets to reach AED 393 Bn 17% YTD 21% YTD
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1,851 1,870 2,281 3,003 2,108 2,201 2,302 20% 20% 22% 24% 22% 21% 22% 10%11%12%13%14%15%16%17%18%19%20%21%22%23%24% -400 100 600 1,100 1,600 2,100 2,600 3,100 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Qtly. Net Profit (pre-tax) Cumm. RoTE (pre-tax) 9 ▪ Operating Revenue growth of 6% YoY with non-funded income growing by 14%, supported by 3% growth in net funded income ▪ Net Impairment Charges declined by 45% YoY, reflecting continued asset quality improvement ▪ Net Profit Before Tax grew by 10% YoY as a result of growth in topline, continued low cost of risk ▪ Strong shareholder returns delivered with RoTE (before tax) of 22% AED Mn 9M’25 9M’24 YoY % Q3 ’25 Q2 ’25 QoQ % Net Funded Income 6,646 6,428 3% 2,333 2,122 10% Non-Funded Income 3,029 2,657 14% 970 1,097 (12%) Operating Revenue 9,676 9,085 6% 3,303 3,219 3% Operating Expenses (2,774) (2,554) 9% (966) (925) 4% Operating Profit 6,902 6,531 6% 2,337 2,294 2% Net Impairment Charges (292) (530) (45%) (36) (93) (62%) Net profit (before tax) 6,610 6,002 10% 2,302 2,201 5% Income Tax (929) (553) 68% (351) (268) 31% Net Profit (after tax) 5,681 5,448 4% 1,951 1,933 1% RoTE (before tax) 22% 22% - 23% 21% 200 bps RoTE (after tax) 18% 20% (200 bps) 19% 18% 100 bps RoA (before tax) 2.4% 2.5% (10 bps) 2.5% 2.5% - RoA (after tax) 2.1% 2.3% (20 bps) 2.1% 2.2% (10 bps) 6,002 219 372 (220) 238 6,610 Net Profit (before tax) 9M'24 Net Funded Income Non Funded Income Operating Costs Impairments Net Profit (before tax) 9M'25 - 1,000 2,000 3,000 4,000 5,000 6,000 7,000 9M‘25 Highlights Profitability & Returns (before tax, AED Mn & %) Net Profit Before Tax Movement (AED Mn) RoTE - Being the ratio of annualized net profit attributable to shareholders to average shareholders’ equity adjusted for estima ted proportionate dividend and excluding Tier 1 issuances. RoA - Being the ratio of annualized net profit for the group to average total assets. Income Statement: Strong profitability and returns generated on the back of solid revenue growth and strong asset quality
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6.5% 6.4% 6.5% 6.5% 5.8% 5.8% 5.8% 4.0% 4.0% 4.0% 4.0% 3.4% 3.4% 3.4% 3.0% 3.0% 3.0% 3.0% 2.9% 2.7% 2.7% 1.0% 3.0% 5.0% 7.0% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Yield Cost of Funds Profit Margin 2,148 2,135 2,144 2,522 2,192 2,122 2,333 - 500 1,000 1,500 2,000 2,500 3,000 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 10 Non-Funded Income (AED Mn) Net Funded Income (AED Mn) 483 429 330 506 505 427 505 64 75 90 112 101 122 14247 338 182 172 173 208 45109 34 136 206 77 167 98147 49 145 233 106 173 180 0 200 400 600 800 1000 1200 1400 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Fees, Comm. & FX Inc. from Properties (HFS) Inc. from Investment Properties Share of Profit from Assoc. & JVs Other Income 924 883 1,229 962 1,097 850 970 Yields / CoF* / Margin (%) 9M’25 Non-Funded Income Composition (%) Fees, Commission & FX 47% Other Income 15% Income from investment properties 14% Income from properties (HFS) 12% Share of profit from Associates and JVs 12% AED 3,029 Mn Revenue Drivers: Strong growth in funded income and non-funded income levels due to increased asset base and stable margins +9% YoY +10% YoY * CoF (Cost of Funds) refer to the rate of return on funding sources of the Bank.
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Operating Expenses (AED Mn) & Cost to Income (%) Operating Expenses Movement (AED Mn) 11 2,554 165 45 10 2,774 9M'24 Personnel General & Admin Depreciation 9M'25 - 500 1,000 1,500 2,000 2,500 3,000 9M’25 Operating Expenses Composition People 60% General & Administrative 33% Depreciation 7% AED 2,774 Mn 849 836 869 871 883 925 966 28.3% 27.8% 28.1% 26.7% 28.0% 28.4% 28.7% 10.0% 15.0% 20.0% 25.0% 30.0% 400 500 600 700 800 900 1000 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Operating Costs Cumm. Cost-to-Income Ratio 2,149 2,223 2,158 2,880 2,271 2,294 2,337 0 500 1,000 1,500 2,000 2,500 3,000 3,500 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Operating Profit (AED Mn) Operating Efficiency: Consistent growth in Operating Profit despite increased strategic investments in technology +8% YoY
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12 AED Bn 9M’25 FY’24 YTD % 9M’24 YoY % Net Financing Assets 248 212 17% 207 20% Sukuk Investments 95 82 16% 79 20% Net Financing Assets & Sukuk Investments 343 296 17% 286 20% Total Assets 393 345 14% 329 19% Customer Deposits 302 249 21% 237 27% Sukuk financing instruments 21 24 (11%) 24 (11%) Equity 52 53 (2%) 49 6% Total Liabilities including Equity 393 345 14% 329 19% NPF ratio 3.13% 4.00% (87 bps) 4.27% (114 bps) CET1 13.4% 13.2% 20 bps 13.9% (50 bps) CAR 16.6% 18.3% (170 bps) 18.3% (170 bps) Tier 1 15.9% 17.2% (130 bps) 17.1% (120 bps) 9M‘25 Highlights ▪ Net Financing Asset growth of 17% YTD on the back of gross new financing of AED 73 Bn in 9M’25 in consumer and corporate businesses ▪ Sukuk Portfolio growth of 16% YTD led by gross new Sukuk investments of AED 18 Bn in 9M’25 ▪ Customer Deposits now crossed AED 300 Bn, growing by 21% YTD in 9M’25 327 323 329 345 355 373 393 0 50 100 150 200 250 300 350 400 450 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 236 234 237 249 265 284 302 0 50 100 150 200 250 300 350 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 +27% YoY Total Assets (AED Bn) Total Deposits (AED Bn) +19% YoY Balance Sheet: Asset growth in 9M’25 led by AED 91 Bn in gross new financing assets & Sukuk portfolio
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13 Net Financing Assets 63% Sukuk Investments 24% Cash & CB balances 7% Investments in equities & properties 2% Other Assets 3% Due from banks & FI 1% AED 393 Bn 201 199 207 212 223 237 248 0 50 100 150 200 250 300 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 76 79 79 82 84 89 95 0 10 20 30 40 50 60 70 80 90 100 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Total Asset Composition (Q3’25,%) Gross Financing by Sector (Q3’25,%) Net Financing Assets (AED Bn) Sukuk Investments (AED Bn) +20% YoY +20% YoY Consumer Financing 30% Services 13% Government 12% Real Estate 12% Aviation 7% Auto 5% Financial Institutions 6% Manufacturing 5% Utilities 5% Others 5% AED 256 Bn Total Assets: Solid asset growth reflecting strength across core business segments
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126% 127% 132% 138% 139% 145% 149% 93% 95% 97% 97% 98% 103% 107% 80% 100% 120% 140% 160% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Total Coverage (%) Cash Coverage (%) 9,636 10,077 10,305 8,851 8,877 9,244 8,590 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 1,000 3,000 5,000 7,000 9,000 10,620 10,600 9,368 9,138 8,662 8,293 8,061 4.97% 4.99% 4.27% 4.00% 3.70% 3.36% 3.13% 6,000 7,000 8,000 9,000 10,000 11,000 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 NPF (AED Mn) NPF Ratio (%) 299 353 (122) (123) 163 93 36 0.40% 0.44% 0.26% 0.14% 0.20% 0.16% 0.12% -0.10% 0.00% 0.10% 0.20% 0.30% 0.40% -200 -100 0 100 200 300 400 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Qrtly. Impairment charges (AED Mn) Cumm. CoR 1NPF ratio includes Bilateral Sukuk and is calculated as the sum of individually impaired Financing Assets divided by gross financing; 2Total Coverage Ratio is calculated as the sum of provisions held including regulatory credit risk reserve (if any) and collateral held relating to facilities individually determined to be impaired divided by non-performing financing. *Includes Purchased or Originated Credit Impaired (POCI) through Noor Bank acquisition. This refers to impairments in acquired or originated financing transactions. Cost of Risk – Being ratio of net impairment charge on financing assets, Sukuk and overdraft charge to the aggregate gross outstanding balances of financing assets, sukuk investments and overdrawn accounts. 14 NPF* (AED Mn) and NPF Ratio1 (%) Impairment charges (AED Mn) and Cost of Risk (CoR %) Total Coverage2 and Cash Coverage Ratios (%)Total Provisions (AED Mn) Asset Quality (1/2) : Continued improvement in asset quality reflecting strong risk discipline (114 bps) YoY +17 pps YoY +10 pps YoY
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0.9 1.1 1.1 0.8 0.9 1.0 1.1 1.1 1.1 1.0 0.8 0.9 0.7 0.7 6.2 6.3 6.0 5.1 5.0 5.0 4.9 - 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Stage 1 Stage 2 Stage 3 + POCI 88.1% 88.4% 89.1% 90.9% 92.0% 92.5% 92.6% 6.9% 6.5% 5.8% 5.0% 4.3% 4.1% 4.2% 5.1% 5.1% 5.1% 4.2% 3.8% 3.4% 3.2% 75.0% 80.0% 85.0% 90.0% 95.0% 100.0% 105.0% Q1'24 Q2'24 Q3'24 Q4'24 Q1 '25 Q2 '25 Q3 '25 Stage 1 Stage 2 Stage 3 + POCI 15 Stage 3 Gross Exposures (AED Bn)Stage 2 Gross Exposures (AED Bn)Stage 1 Gross Exposures (AED Bn) 11 11 9 9 9 8 8 2 3 4 5 6 7 8 9 10 11 12 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 14 13 12 11 10 10 11 5 7 9 11 13 15 17 19 21 23 25 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 184 184 192 199 211 225 236 100 120 140 160 180 200 220 240 260 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 ECL Provisions & ECL Coverage by Stage (AED Bn, %)Gross Financing Assets by Stage (%) 7.4% 61.2% 10.9% Asset Quality (2/2) : Portfolio quality further reflected by higher Stage 1 exposures % and stronger stage 3 coverage ratio +23% YoY (8%) YoY (11%) YoY 54.7%
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Wholesale 66% Consumer 34% 16 AED 302 Bn 168% 146% 140% 159% 133% 128% 144% 106% 108% 105% 112% 105% 107% 108% 0% 50% 100% 150% 200% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Liquidity Coverage Ratio (%) NSFR (%) Funding Sources (Q3’25, %) Customer Deposits (AED Bn) and CASA (%) Deposits 77% Equity 13% Sukuk Financing 5% Other Payables 4% Due to banks 1% AED 393 Bn (+19% YoY) Customer Deposits Breakdown (Q3’25,%)LCR and NSFR Ratio (%) 236 234 236 248 264 284 302 38% 42% 38% 38% 37% 36% 36% 1% 6% 11% 16% 21% 26% 31% 36% 41% 46% 100 150 200 250 300 350 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Total Deposits CASA % Liquidity: Robust funding strength supported by continued deposit momentum +27% YoY
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17.5% 18.1% 18.3% 18.3% 17.3% 16.7% 16.6% 13.1% 13.7% 13.9% 13.2% 13.4% 13.0% 13.4% 16.4% 16.9% 17.1% 17.2% 16.1% 15.6% 15.9% Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 CAR CET1 Ratio Tier 1 17 32.9 34.4 36.1 34.0 35.6 36.8 39.1 8.3 8.3 8.3 10.1 7.3 7.3 7.32.9 2.9 3.0 2.9 3.1 3.2 2.2 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 CET 1 AT1 Tier 2 47.3 47.0 46.045.644.1 47.4 48.6 1 Refers to Regulatory Capital under Basel III; Regulatory Capital1 (AED Bn) Regulatory Capital Ratios (%) CET1 Movement (AED Bn) RWA Movement (AED Bn) 257.2 32.2 1.5 1.6 292.4 RWAs Dec '24 Credit RWAs Market RWAs Op RWAs RWAs Sep'25 0.0 50.0 100.0 150.0 200.0 250.0 300.0 350.0 Regulatory Capital: CET 1 ratio strengthens further to 13.4% from internal capital generation 34.0 5.5 (0.3) (0.3) 0.1 39.1 CET1 Dec'24 Net Profit OCI Movement AT1 Payment Others CET1 Sep'25 - 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0
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18 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Contents Macro-economic Overview 5 Appendix
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▪ Consumer financing portfolio grew by 21% YoY to AED 74 Bn on the back of gross new consumer financing of AED 27 Bn this year. ▪ Growth was led by strong performance across all key products. ▪ Customer deposits grew by 14% YoY; CASA levels remain strong at 53% ▪ Asset Yields continue to be stable in 9M’25 at 6.7% levels ▪ 9M’25 revenue grew by 8% YoY to AED 3.6 Bn. 19 Gross Assets by product (9M’25, %)Revenue and Gross Yields (AED Mn,%)* * Segmental results for current and prior years reflect results in accordance with enhanced management account policies for cost allocation and transfer pricing. Personal Finance 34% Cards 5%Auto Finance 19% Home Finance 42% AED 77 Bn Net Financing Assets (AED Bn) 57 60 61 63 68 71 74 35 40 45 50 55 60 65 70 75 80 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 90 92 90 90 94 98 102 50 60 70 80 90 100 110 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 47 49 47 47 50 51 54 52% 53% 52% 52% 53% 52% 53% 10% 30% 50% 70% 90% 1 11 21 31 41 51 61 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 AED Bn % of Deposits Key Highlights: CASA Balances (AED Bn)Deposits (AED Bn) +21% YoY 955 986 917 907 964 945 1,060 176 157 138 148 288 129 194 6.99% 7.01% 6.91% 6.86% 6.70% 6.66% 6.67% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% - 200 400 600 800 1,000 1,200 1,400 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Net Funded Income Non Funded Income Gross Yields +16% YoY +14% YoY 1,055 1,254 +19% YoY Consumer Business: 9M’25 Revenue growth led by growth in volumes across products, supported by stable yields
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589 509 534 623 613 539 592 200 210 98 134 125 203 216 6.71% 6.73% 6.68% 6.70% 5.80% 5.75% 5.76% 0.02 0.04 0.06 0.08 0 100 200 300 400 500 600 700 800 900 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Net Funded Income Non Funded Income Gross Yields ▪ Assets grew by 16% YTD to reach AED 174 Bn, supported by AED 46 Bn in Gross new financing in 9M’25, a strong increase of 41% vs 9M’24. ▪ Strong growth in Deposits of 34% YoY; CASA balances also grew strongly by 24% YoY. ▪ Higher volumes and stable yields continue to ensure growth in net funded income. ▪ Robust non-funded income on the back of strong balance sheet growth. 20 Net Financing Assets (AED Bn) 144 139 146 149 155 166 174 100 110 120 130 140 150 160 170 180 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 144 141 147 157 169 186 197 100 120 140 160 180 200 220 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 40 45 42 45 47 51 52 28% 32% 29% 29% 28% 27% 26% 5% 15% 25% 35% 45% 55% 65% 75% 85% 95% 25 30 35 40 45 50 55 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 AED Bn % of Deposits Auto 7% Aviation 10% Contracting 1% FIs 8% Govt 17% Mfg. 7%Oil & Gas 1% Real Estate 17% Services 19% Trade 5% Utilities 8% Gross Assets by sector (9M’25,%) Key Highlights: CASA Balances (AED Bn)Deposits (AED Bn) 632 808 Revenue and Gross Yields (AED Mn,%)* * Segmental results for current and prior years reflect results in accordance with enhanced management account policies for cost allocation and transfer pricing. AED 178 Bn 19% YoY 24% YoY 34% YoY 28% YoY Local & Cross-Border Corporate Business: Solid 9M’25 performance led by 16% YTD growth in assets & 26% YTD growth in deposits
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FIs 13% Government 65% Others 4% Services 18% 76 79 79 82 84 89 95 55 75 95 115 Q1'24 Q2'24 Q3'23 Q4'24 Q1'25 Q2'25 Q3'25 ▪ Sukuk portfolio grew by 16% YTD to AED 95 Bn. ▪ New Sukuk volumes added this year are AED 18 Bn, higher by 19% compared to 9M’24. ▪ 9M’25 Treasury revenue grew by 7% YoY to AED 2.0 Bn. ▪ Sukuk yields in 9M’25 have improved to 4.9% levels AED 95 Bn 21 Sukuk (AED Bn) Gross Sukuk by sector (9M’25,%) Key Highlights 519 501 573 588 569 646 576 82 51 160 73 75 74 73 4.77% 4.81% 4.80% 4.79% 4.87% 4.89% 4.88% 2.00%2.20%2.40%2.60%2.80%3.00%3.20%3.40%3.60%3.80%4.00%4.20%4.40%4.60%4.80%5.00%5.20%5.40%5.60%5.80%6.00% - 100 200 300 400 500 600 700 800 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Net Funded Income Non Funded Income Gross Yields Revenue and Gross Yields (AED Mn,%)* * Segmental results for current and prior years reflect results in accordance with enhanced management account policies for cost allocation and transfer pricing. 20% YoY Treasury Business: Sukuk volumes grew by 16% YTD in 9M’25; Treasury Revenue growth supported by improved yields
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Digital: Customer usage of digital channels continues to be strong; 97% of all transactions being processed digitally 22 1,367 1,402 1,434 1,490 1,537 1,589 1,648 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 144 166 198 224 247 269 287 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 6,200 6,272 6,693 6,199 7,015 7,118 7,547 1,327 1,274 1,319 1,327 1,332 1,298 1,378 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Mobile Internet Digital Registered User Base* (‘000) • Digital Registered User Base (Business to Date) : overall registered internet banking & mobile banking app users Digital Banking Transactions (‘000) Whatsapp Subscribers (‘000) 15% YoY 45% YoY 13% YoY 33% YoY growth in number of registered Online Banking and Mobile App users 97% of financial and non-financial transactions processed digitally High App Ratings 4.5 iOS / 4.2 Android 79% New to Bank customers onboarded digitally during 9M’25. 45% YoY growth in Whatsapp subscribers’ base Key Highlights
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23 DIB is actively working to support UAE’s vision while continuously improving its own operational performance. Improved ESG scores across rating agencies, including Morningstar Sustainalytics, S&P Global, London Stock Exchange Group Gross underwritten amount of AED 4.0 Bn in new sustainable finance, bringing portfolio total to AED 16.7 Bn in 9M’25 across diverse sectors such as utilities, aviation, real estate and waste management, including financing of ~3,300 EVs Facilitated AED 25 Bn of Sustainable Sukuk Issuance in 9M’25, accelerating the growth of sustainable issuances in the Islamic capital markets Major step undertaken to align to one of the leading frameworks for environmental disclosure with the bank’s submission to the Carbon Disclosure Project (CDP) Expanded sustainability disclosures to include key areas such as Responsible Investment, Human Rights, and Financing Exclusions demonstrating alignment with global best practices. Partnered with “No More Bottles” at Headquarter locations to deliver clean, filtered water to staff while eliminating plastic waste associated with water bottles Sustainability: Improved ESG scores across rating agencies underscore the progress made by DIB on its sustainability agenda Sustainability is integral to DIB’s identity and operations, reflecting a deep commitment beyond compliance to responsible, ethical banking aligned with long-term value creation for stakeholders and society. DIB’s sustainability strategy closely aligns with UAE’s national goals, including Net Zero by 2050 initiative, underscoring the bank’s role as a key partner in the country’s sustainable development and climate ambitions.
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24 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Contents Macro-economic Overview 5 Appendix
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25 Summary * Including collateral Target Metrics 9M’25 Performance FY’25 Guidance Net Financing & Sukuk growth 17% 15% Net Profit Margin 2.7% 2.8% - 3.0% Cost-to-Income Ratio 29% 26% Return on Tangible Equity (pre-tax) 22% 21% Return on Assets (pre-tax) 2.4% 2.4% NPF Ratio 3.13% 3.50% Total Coverage* 149% 140% ✓ 2025 has been a year of solid growth story; DIB has surpassed full year guidance on growth through focused execution across businesses. ✓ More than AED 90 Bn in new gross financing YTD, well supported by AED 53 Bn increase in Deposits. ✓ Continued strengthening of Asset Quality metrics with NPF Ratio down to 3.13%, improvement of ~87 bps since start of the year. ✓ Profitability and Returns remain well on target on the back of tangible improvements across KPIs.
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26 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Contents Macro-economic Overview 5 Appendix
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❖ Dubai Islamic Bank was the first Islamic Bank in the world, established in 1975 Moody’s A3 “Stable” Fitch A “Stable” IIRA* A+/A1 “Stable” Geographic Presence 27 Turkey Bosnia (32) Sudan (127) UAE (54) Pakistan (235) Indonesia (10) Kenya (8) Existing Presence & Branch Numbers DIB – A leading global Islamic bank Ratings Subsidiaries and Associates Key Facts Key Businesses Consumer Banking Corporate Banking Investment Banking Treasury MSCI ESG A Entity % Country Dar Al Shariah 100.0% UAE Tamweel 92.0% UAE Deyaar 44.9% UAE DIB Pakistan 100.0% Pakistan Bank of Khartoum 29.5% Sudan Bosna Bank International 27.3% Bosnia Panin Dubai Syariah Bank 25.1% Indonesia DIB Kenya 100.0% Kenya T.O.M. Group 25.0% Turkey ❖ ~28% owned by “Investment Corporation of Dubai” ❖ One of the largest Islamic Banks globally with AED 393Bn in assets ❖ Well established franchise, serving > 5mn customers, with > 9000 employees ❖ Solid distribution network of 450 branches & 1,100 ATMs • Islamic International Rating Agency (IIRA)
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28 Bank’s strategy aligned with UAE’s ambitious and expansionary agenda Digital Transformation Robust Foundation Increase Value Versatile Operation Engaging Experience • Technology Infrastructure Upgrade • Streamlined Digital Journeys & enhanced experience • AI-driven Banking Strengthen the Group • Further strengthen Risk Management Framework • Remain focused on Asset Quality Improvement • Enterprise-wide Cost Optimisation • Selective and Strategic international Expansion • Enhance market share in earning assets • Smart Data Analytics to grow wallet share and new client base • ESG focus across the bank’s value chain • Compliance with spectrum of regulatory driven changes • Committed to support UAE’s Sustainability Goals • Embed “Customer-centricity” as part of bank’s DNA • Simple, transparent & ease of access across Touchpoints • Leverage D.I.B to graduate into Lifebrand Grow the Group
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29 ❖ Amongst World’s “Top 3” Islamic Banks by Total Assets ❖ #1 Islamic Bank in the UAE ❖ Serving > 5mn customers across network of over 450 branches and 1,100 ATMs A Leading Islamic Banking Franchise Clear Strategy & Focused Execution ❖ Focused growth, underpinned by Strong underwriting ❖ Cost discipline ensured high operational efficiencies ❖ Bank’s assets grew by over 3x since FY’13 Solid Fundamentals ❖ Highly Rated “D-SIB” Bank, “A” Rating by Fitch & “A3” by Moodys ❖ Healthy Asset Quality with low NPF ratio and high Coverage Ratio ❖ Strong Regulatory Capital Ratios with healthy capital buffers Consistent Shareholder Value Creation ❖ ~5x growth in the Bank’s Net Profit over the last 10 years ❖ Six-fold increase in Share Price over the last 15 years ❖ Consistently maintained High Dividend Payouts Investing In The Future ❖ ESG truly embedded in the bank’s DNA; ESG MSCI rating of ” A” shows bank’s progress so far ❖ Considerable progress on digitalization; sizeable investments in technology infrastructure ❖ Focused on building AI/ML capabilities to deliver relevant and engaging customer solutions Key Investment Highlights
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1.0 1.6 1.8 2.2 2.2 2.3 2.5 1.5 1.8 2.2 3.3 3.325% 40% 45% 45% 45% 35% 35% 20% 25% 30% 45% 45% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Dividend Amount (AED Bn) Cash Dividend as a % of Par Value 30 Note: Shaded area represents the pandemic period; Dividend Payout (%, AED Bn) 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 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 Jan-25 Jul-25 Share Price Movement (AED, Jan’13 – Sep’25) Decade of delivering Strong shareholder returns
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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 from investment properties 426 567 Share of profit from associates and joint ventures 342 279 Other Income 446 326 Total Income 17,374 16,995 Depositors’ and Sukuk holders’ share of profit (7,698) (7,910) Net Income 9,676 9,085 Operating Expenses Personnel expenses (1,652) (1,487) General and administrative expenses (921) (876) Depreciation of investment properties (41) (50) Depreciation of property, plant and equipment (158) (140) Total Operating Expenses (2,774) (2,554) Profit before net impairment charges and income tax expense 6,902 6,531 Impairment charge for the period, net (292) (530) Profit for the period before income tax expense 6,610 6,002 Income tax expense (929) (553) Net Profit for the period 5,681 5,448 Attributable to Owners of the Bank 5,461 5,300 Non-Controlling Interests 221 148 31 Consolidated Income Statement
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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 Other investments at fair value 566 785 Investments in associates and joint ventures 2,928 2,503 Properties held for sale 1,123 988 Investment properties 4,715 4,520 Receivables and other assets 9,200 7,082 Property, plant and equipment 1,949 1,878 Total Assets 392,953 344,687 Liabilities Customers' deposits 301,932 248,546 Due to banks and financial institutions 3,494 5,854 Sukuk financing instruments 21,400 24,154 Payables and other liabilities 14,283 13,279 Total Liabilities 341,109 291,834 Equity Share Capital 7,241 7,241 Tier 1 Sukuk 7,346 10,101 Other Reserves and Treasury Shares 15,605 15,875 Investments Fair Value Reserve (1,236) (1,267) Exchange Translation Reserve (2,363) (2,029) Retained Earnings 22,113 19,904 Equity Attributable to owners of the banks 48,706 49,825 Non-Controlling Interest 3,138 3,028 Total Equity 51,844 52,853 Total Liabilities and Equity 392,953 344,687 32 Consolidated Balance Sheet
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“Own the ESG space” Champion Business Ethics and Customer Privacy “Own the ESG Space” Embed ESG in decision making Priority Areas Strategic Pillars Objectives Promote Financial Inclusion Propel Sustainable Finance Embrace Diversity & Inclusion Enhance Employee Wellbeing Drive Transparency & Disclosure Reduce Operational Environmental Footprint Fully integrate ESG risk assessment and mitigation into all our financing decisions Be the preeminent banking partner to the underrepresented segments of society Significantly step up the share of our funding activities towards sustainable projects Be the most diverse Islamic financial institution in our markets of operation Position ourselves as an employer of choice in the banking sector Disclose our financial and non- financial performance in line with best-in-class standards Achieve Net Zero within operations and significantly reduce our footprint across water, waste and energy Finance a Sustainable FutureLead by Example Be recognized as a trusted institution to our customers and business partners 32 Initiatives all across the bank supporting the growth of DIB ESG strategy 1 2 3 4 5 6 7 8 DIB’S ESG Vision and 2030 ESG Strategy 33
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34 DIB Debt Capital Markets – Deal Experience Deals and Transactions in 2025 (1/2) Sovereigns and Supranationals Corporates Republic of Indonesia US$ 2.20bn 4.550% 2030 Sukuk 5.200% 2035 Sukuk JLM & Bookrunner July 2025 Kingdom of Bahrain US$ 1.75bn 6.250% 2033 Sukuk JLM & Bookrunner April 2025 Republic of Turkiye US$ 2.50bn 6.750% 2030 Sukuk JLM & Bookrunner June 2025 Kingdom of Saudi Arabia US$ 5.50bn 4.250% 2030 Sukuk 4.875% 2035 Sukuk JLM & Bookrunner September 2025 Arab Republic of Egypt US$ 1.5bn 6.375% 2029 Sukuk 7.950% 2032 Sukuk JLM & Bookrunner September 2025 Islamic Development Bank US$ 1.75bn 4.211% 2030 Sukuk JLM & Bookrunner March 2025 Islamic Corporation for the Development US$ 500mn 4.391% 2030 Sukuk JLM & Bookrunner September 2025 Binghatti Holdings US$ 500mn 8.125% 2030 Sukuk Global Coordinator, JLM & Bookrunner July 2025 Aldar Investment US$ 500mn 5.250% 2035 Sukuk JLM & Bookrunner March 2025 JLM & Bookrunner Damac Real Estate Development Limited US$ 750mn 7.000% 2028 Sukuk February 2025 Sobha Realty US$ 500mn 7.996% 2029 Sukuk JLM & Bookrunner May 2025 Omniyat US$ 500mn 8.375% 2028 Sukuk JLM & Bookrunner April 2025 Dar Al Arkan US$ 750mn 7.250% 2030 Sukuk JLM & Bookrunner June 2025 Arada Developments US$ 450mn 7.150% 2030 Sukuk Global Coordinator, JLM & Bookrunner July 2025 Sobha Realty US$ 750mn 7.125% 2030 Sukuk Global Coordinator, JLM & Bookrunner September 2025 Omniyat US$ 400mn 7.250% 2029 Sukuk Global Coordinator, JLM & Bookrunner September 2025 Almarai US$ 500mn 4.450% 2030 Sukuk JLM & Bookrunner September 2025 Binghatti Holdings US$ 500mn 7.750% 2029 Sukuk Global Coordinator, JLM & Bookrunner September 2025
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35 DIB Debt Capital Markets – Deal Experience Deals and Transactions in 2025 (2/2) Financial Institutions GREs JLM & Bookrunner First Abu Dhabi Bank US$ 800mn 5.153% 2030 Sukuk January 2025 Al Rajhi Bank Tap US$ 200mn 5.047% 2029 Sukuk Sole Manager & Bookrunner January 2025 Al Rajhi Bank US$ 1.5bn 6.250% 2030 Sukuk AT1 JLM & Bookrunner January 2025 JLM & Bookrunner Kuwait Finance House US$ 1.00bn 5.376% 2029 Sukuk January 2025 Sharjah Islamic Bank US$ 500mn 5.200% 2030 Sukuk JLM & Bookrunner February 2025 Emirates Islamic Bank US$ 750mn 5.059% 2030 Sukuk JLM & Bookrunner March 2025 JLM & Bookrunner Mashreq Bank US$ 500mn 5.030% 2030 Sukuk April 2025 JLM & Bookrunner Ajman Bank US$ 500mn 5.125% 2030 Sukuk April 2025 Sharjah Islamic Bank US$ 500mn 6.125% 2031 Sukuk AT1 JLM & Bookrunner May 2025 Qatar Islamic Bank US$ 750mn 4.803% 2030 Sukuk JLM & Bookrunner June 2025 Boubyan Bank US$ 500mn 4.973% 2030 Sukuk JLM & Bookrunner May 2025 Al Rayan Bank US$ 500mn 4.875% 2030 Sukuk JLM & Bookrunner May 2025 JLM & Bookrunner Alinma Bank US$ 500mn 4.937% 2030 Sukuk July 2025 JLM & Bookrunner Alinma Bank US$ 500mn 6.250% 2030 Sukuk AT1 August 2025 JLM & Bookrunner Emirates Islamic Bank US$ 500mn 4.540% 2031 Sukuk September 2025 JLM & Bookrunner Bank Aljazira US$ 500mn 6.500% 2030 Sukuk AT1 September 2025 Bapco Energies US$ 1.0bn 6.250% 2035 Sukuk JLM & Bookrunner January 2025 Saudi Electricity Company US$ 2.75bn 5.225% 2030 sukuk 5.489% 2035 sukuk JLM & Bookrunner February 2025 Public Investment Fund US$ 1.25bn 4.875% 2032 Sukuk JLM & Bookrunner April 2025 DP World US$ 1.5bn 5.500% 2035 Sukuk JLM & Bookrunner April 2025 ADNOC US$ 1.5bn 4.750% 2035 Sukuk JLM & Bookrunner April 2025 JLM & Bookrunner Saudi Aramco US$3.0bn 4.125% 2030 Sukuk 4.625% 2035 Sukuk September 2025
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Forbes Middle East 28th Emirates Environmental Corporate Gala Islamic Finance News Awards MEA Finance Banking Technology Awards 2023 Euromoney Awards for Excellence 2023 Islamic Finance News Awards 16th Annual Best Deal & Solution Awards 36 Select Award & Accolades Best Sovereign Bond & Best Green Sukuk of the year 2022 • Most Innovative Islamic Bank • Best Overall Islamic Bank in UAE • Best Corporate Bank in UAE • Best Overall Islamic Bank in Kenya • Best Investment Bank in Kenya • Best Corporate Bank in Kenya • Most Innovative Bank in Kenya • Syndicated Deal of the Year • Turkey Deal of the Year • Corporate Finance Deal of the Year • Pakistan Deal of the Year • Best Overall Islamic Bank • Best Islamic Bank in the UAE • Best Islamic Bank in the Middle East • Best Corporate Payments Service • Best Analytics System (Dubai Islamic Bank and GBM) • Best Innovation in User Experience 2023 Islamic Finance News Awards • Best Overall Deal of the year • Best Islamic Retail Bank • Best Islamic Bank in the UAE • Social Impact, SRI ESG Deal • Indonesia Deal of the Year • Sovereign & Multilateral Deal of the Year • UAE Deal of the Year • Best Islamic Bank in Kenya • Corporate Finance Deal of the Year • Real Estate Deal of the Year • Syndicated Finance Deal of the Year • IFN Hybrid Deal of the Year 2023 MEA Finance Industry Awards • Best Sustainable Finance Initiative • Best Sukuk Islamic Fund • Best Sukuk Deal of the Year • Best Islamic Bank - UAE • Best Islamic Digital Banking Provider MEA Business Achievement Awards • Banking and Finance - Outstanding Sustainability Initiative Dubai Islamic Bank • Outstanding New Product/Service Launch DIB Nest • Banking and Finance - Exceptional Products/Services DIB ‘alt’ 9M 20252024 • Oman Deal of the Year • Hybrid Deal of the Year • Sukuk Deal of the Year • Perpetual Deal of the Year • Most Innovative Deal of the Year • Pakistan Deal of the Year • Best Digital Offering by an Islamic Bank in Kenya • Most Innovative Islamic Bank in Kenya • Best Islamic Investment Bank in Kenya • Best Islamic Bank in Kenya • UK Deal of the Year • Best Islamic Investment Bank • Best Islamic Bank in the UAE • Ijarah Deal of the Year • Best Islamic Retail Bank in Kenya • Egypt Deal of the Year • M&A Deal of the Year • Best Islamic Bank for Trade Finance MEA Finance SME Summit and Awards 2025 Best Islamic Bank for SMEs Cultivating Sustainability Award Top 100 Listed Companies
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P . O. Box: 1080, Dubai, UAE +971 4 207 5454, email: investorrelations@dib.ae www.dib.ae/ir