Abu Dhabi Islamic Bank net profit before tax reaches $1.08 B in H1 2025
Islamic lender reports 16% annual growth, unveils new global remittance service via Visa Direct amid strong digital push
ABU DHABI, UAE (MNTV) — Abu Dhabi Islamic Bank (ADIB) reported robust financial results for the first half of 2025, with net profit before tax reaching AED 4 billion, reflecting a 16% year-on-year (YoY) increase.
The bank attributed the growth to strong balance sheet fundamentals, solid customer momentum, and increased business activity across core segments.
In the second quarter (Q2) alone, ADIB’s net profit before tax rose by 14% YoY to AED 2 billion. Net profit after tax reached AED 3.5 billion for the first half—up 15% YoY—while Q2 profit after tax climbed 13% to AED 1.8 billion.
Revenues for the first six months of 2025 stood at AED 5.9 billion, up 11% from AED 5.3 billion in the same period last year. The performance was supported by higher business volumes, a well-diversified income base, and consistent growth in fee-based operations.
Total assets as of June 30 reached AED 260 billion, marking a 22% annual increase, primarily driven by higher financing activity in both retail and corporate segments as well as an expanded investment portfolio. Customer deposits also saw strong growth, rising 24% YoY to AED 213 billion.
ADIB Chairman Jawaan Awaidah Al Khaili highlighted the bank’s record earnings and 30% return on equity (ROE) as evidence of effective strategy execution and broad-based business expansion. “Our strong first-half results reflect our ability to deliver sustainable growth and capitalize on favorable market dynamics,” he said.
Group CEO Mohamed Abdelbary added that ADIB’s digital transformation and AI-led innovation agenda continue to play a critical role in customer acquisition and experience. “We are leveraging cutting-edge technologies to drive personalization, operational efficiency, and value creation,” he stated.
In a separate development, ADIB also announced a strategic partnership with Visa to launch Remit!, a new real-time cross-border money transfer service powered by Visa Direct. The service allows customers to send money to over 11 billion cards, digital wallets, and accounts globally—making ADIB the first bank worldwide to offer such expansive reach.
Amit Malhotra, Global Head of Consumer Banking at ADIB, described the launch as a milestone for the bank’s customer experience strategy, stating, “We are proud to offer customers a seamless, secure global remittance solution that reflects our innovation-first mindset.”
Visa’s UAE Country Manager Salima Gutieva noted that the region hosts one of the world’s busiest remittance corridors, with consumers in the UAE sending money abroad an average of 1.4 times per month.
The initiative responds to increasing demand in the Gulf for faster, more transparent cross-border payment options. Visa’s 2025 remittance study found that 95% of UAE consumers transfer money internationally at least once a year, with safety, speed, and convenience among the top priorities.
In Q1 2025, ADIB had recorded AED 1.71 billion in net profit after tax, up from AED 1.45 billion in the same period last year.
Have Your Say!
Have you been affected by the issues raised in this story? Please share your experiences by emailing haveyoursay@soundvision.com.
Please include a contact number if you are willing to speak to a Muslim Network TV’s representative. You can also get in touch in the following ways:
Tweet: @MuslimNetworkTV
We must take charge of our narrative. Research indicates that 92% of their Muslim coverage is negative. Help us change that.
