Strong earnings revealed by Emirates Islamic in the first half of 2025, with a profit before tax of AED 2.2 billion, buoyed by robust growth in revenue and deposits.
Emirates Islamic Delivers Record Profit in H1 2025
Emirates Islamic, a leading Islamic banking institution in the UAE, reported a remarkable pre-tax profit of AED 2.2 billion for the first half of 2025. This significant achievement is a result of robust customer financing growth, digital innovation, and strategic expansion of banking solutions within the Islamic finance sector.
Robust Customer Financing Growth
Customer financing increased by 13% to AED 80 billion in H1 2025, driving significant income growth and underpinning the bank’s competitive positioning.
Digital Transformation and Innovation
Emirates Islamic's digital strategy has been central to its success. Highlights include the launch of a Shariah-compliant Digital Wealth platform, Fractional Sukuk offerings, and the Ei+ mobile app, which offers features like instant transactions, real-time portfolio tracking, and personalized financial planning.
Strategic New Product Offerings
The bank introduced innovative products aligned with Islamic principles, such as Fractional Sukuk, Wakala variants, and the ALPHA Youth Account. Partnerships with firms like Leonteq Securities AG have broadened wealth management capabilities.
Strong Capital Market Activity
The bank's USD 750 million Sukuk issuance in Q1 2025, which attracted demand exceeding USD 1.6 billion, demonstrates market confidence in its sustainable and ESG-aligned strategies.
Operational Efficiency and Risk Management
Profit growth is supported by disciplined lending—growth in loans by AED 41 billion in H1 2025—and efforts to streamline processes while deploying next-generation technology, enhancing operational resilience and customer trust.
Sustainability and Corporate Social Responsibility
Emirates Islamic embraces ESG not only in its products but also through initiatives like the Emirates Islamic Charity Fund, employee sustainability programs, and achieving high ESG ratings.
The bank's performance was driven by strong growth in income, customer financing, and deposit inflows. With a healthy net profit margin of 3.74%, Emirates Islamic's growth strategy blends digital transformation, product innovation, customer-centric services, and sustainability within Islamic finance principles.
This multifaceted approach has fostered strong income and deposit growth (27% deposits increase to AED 97.4 billion) alongside increasing market share in the UAE Islamic banking sector. As Emirates Islamic continues to lead in digital transformation and Islamic finance, its strategic growth across consumer, SME, and corporate segments positions it well to support the UAE’s economic ambitions.
- The robust customer financing growth at Emirates Islamic reached AED 80 billion in H1 2025, fueling significant income growth and bolstering the bank’s competitive positioning.
- Emirates Islamic's digital strategy has been key to its success, showcased through the launch of a Shariah-compliant Digital Wealth platform, Fractional Sukuk offerings, and the Ei+ mobile app.
- The bank's strategic new product offerings, such as Fractional Sukuk, Wakala variants, and the ALPHA Youth Account, align with Islamic principles and have been well-received in the market.
- The bank demonstrated market confidence in its sustainable and ESG-aligned strategies with a successful USD 750 million Sukuk issuance in Q1 2025, attracting demand over USD 1.6 billion.
- Operational efficiency and risk management are critical to Emirates Islamic's success, as evidenced by the discipline in lending and the streamlining of processes enhanced by next-generation technology.
- Emirates Islamic's commitment to sustainability and corporate social responsibility extends beyond its products, encompassing initiatives like the Emirates Islamic Charity Fund, employee sustainability programs, and high ESG ratings.
- Emirates Islamic's growth strategy, which blends digital transformation, product innovation, customer-centric services, and sustainability within Islamic finance principles, has fueled strong growth in income, deposit growth (27% increase to AED 97.4 billion), and market share in the UAE Islamic banking sector, positioning it well to support the UAE’s economic ambitions in various segments, including consumer, SME, and corporate.
