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Abu Dhabi Islamic Bank (ADIB) reported a net profit of Dh1.71 billion ($462.8 million) for Q1 2025, an 18% increase year-on-year. Total revenue rose 14% to Dh2.87 billion, driven by a 4% increase in funded income and a 35% rise in non-funded income. The bank's total assets and customer deposits both grew by 25%, while customer financing expanded by 27%.
Abu Dhabi Islamic Bank (ADIB) has approved a cash dividend of Dh3.03 billion for 2024, reflecting a 16% increase in net profit to Dh6.1 billion. The payout of 83 fils per share, up from 71 fils in 2023, represents 50% of net profit. Total assets rose to Dh226 billion, driven by a 22% increase in customer financing, while net profit before tax surged by 26% to a record Dh6.9 billion, attributed to higher revenue and improved asset quality.
Abu Dhabi Islamic Bank- Egypt
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