emirates7 - Emirates Islamic achieved a record-breaking quarterly profit, surpassing AED 1 billion for the first time, marking a 24% increase compared to the same quarter last year.
This strong financial performance was driven by sustained positive business sentiment across the UAE, which boosted both funded and non-funded income. The bank’s total income rose 8% year-on-year, reaching AED 1.45 billion in Q1 2025.
Operating profit grew by 5% over Q1 2024, with the net profit margin remaining solid at 3.85%.
Total assets expanded by 11% to AED 123 billion in the first quarter. Customer financing increased 7% to AED 75 billion, while customer deposits grew 8% to AED 83 billion.
This strong financial performance was driven by sustained positive business sentiment across the UAE, which boosted both funded and non-funded income. The bank’s total income rose 8% year-on-year, reaching AED 1.45 billion in Q1 2025.
Operating profit grew by 5% over Q1 2024, with the net profit margin remaining solid at 3.85%.
Total assets expanded by 11% to AED 123 billion in the first quarter. Customer financing increased 7% to AED 75 billion, while customer deposits grew 8% to AED 83 billion.