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Abu Dhabi Islamic Bank said in its results announcement that revenue climbed 6 per cent to AED 9.7 billion in the first nine months of 2026. Funded income rose 11 per cent to AED 6.1 billion while non-funded income contributed 37 per cent to the total, the bank’s earnings presentation showed. The performance reflects sustained customer acquisition with 202,000 new customers added during the period.
Total assets expanded 18 per cent to AED 318 billion, according to ADIB’s management discussion and analysis. Gross customer financing increased 25 per cent year-on-year to AED 218 billion and customer deposits grew 17 per cent to AED 259 billion. The bank noted that growth was broad-based across both retail and wholesale banking.
ADIB maintained an industry-leading return on equity of 28 per cent, the statement said. Its non-performing assets ratio improved to 2 per cent, while the cost-to-income ratio stood at 29.1 per cent. Net profit after tax rose 6 per cent to AED 5.61 billion, the condensed financial statements indicated.
Provisions for impairment charges declined 12 per cent to AED 451 million, aiding profitability, ADIB reported. Operating expenses increased 9 per cent to AED 2.83 billion amid ongoing investments in the franchise. The bank’s capital position remained strong with a CET1 ratio of 12.4 per cent and total capital adequacy ratio of 15.6 per cent.
“The first nine months of 2026 demonstrate the broad-based growth we are seeing across ADIB,” the bank’s statement said. “Momentum remains strong across our businesses, supported by continued customer acquisition, higher financing volumes and increasing activity across both retail and wholesale banking. This performance translated into another period of robust profitability, with net profit before tax reaching AED 6.4 billion, up 6 per cent year-on-year, while return on equity remained industry-leading at 28 per cent.”
Similar trends were observed across the UAE banking sector with several lenders reporting mid-single digit profit growth for the period. According to Gulf News, Dubai Islamic Bank posted a profit before tax of AED 6.6 billion for the first nine months. Zawya reported that United Arab Bank recorded a 6 per cent rise in net profit to AED 333 million over the same timeframe.
