Islamic Commercial Bank

Dubai Islamic Bank Share Price & Credit Rating

Part of PakFinHub's DIB coverage — corporate facts and VIS credit rating history.

Unlisted Company
AA/A-1+ Rated (VIS)

Written & reviewed by Dildar Hussain — 10+ years in Pakistani banking, BS Banking & Finance (NUML University)

Searches for a "Dubai Islamic Bank share price" in Pakistan almost always run into the same wall: Dubai Islamic Bank Pakistan Limited (DIBPL) has no share price to look up, because it isn't traded anywhere. What follows is the corporate and financial-standing picture instead, sourced from independent credit rating reports rather than a ticker that doesn't exist.

Why There's No DIB Pakistan Share Price

PSX Listing Status: Not listed
Company Type: Unlisted Public Ltd Co.
Majority Shareholder: Dubai Islamic Bank PJSC (100%, incl. nominee directors)
Parent's Listing: DFM: DIB (Dubai Financial Market)

Dubai Islamic Bank Pakistan Limited was incorporated as an unlisted public limited company on May 27, 2005. It has never conducted an IPO on the Pakistan Stock Exchange, so there's no PSX ticker symbol, no daily closing price, and no PSX company profile page for DIBPL specifically. If you're looking for a "Dubai Islamic Bank stock price," what you actually want is the parent company's listing — Dubai Islamic Bank PJSC trades on the Dubai Financial Market under the ticker DFM: DIB, an entirely separate security governed by UAE market rules.

Unlisted status confirmed from VIS Credit Rating Company's Rating Report on DIBPL, dated June 30, 2025. Shareholding confirmed at 100% (held by Dubai Islamic Bank PJSC and its nominee directors) from DIBPL's audited financial statements for the year ended December 31, 2025.

Financial Highlights (FY2025, Audited)

Without a share price, the clearest read on DIBPL's financial standing is its audited annual statements. The headline numbers below are from the year ended December 31, 2025, audited by KPMG Taseer Hadi & Co. and authorised for issue by the Board on February 11, 2026.

Metric	FY2025	FY2024
Total assets	Rs 447.11 billion	Rs 453.15 billion
Deposits and other accounts	Rs 334.68 billion	Rs 346.87 billion
Islamic financing and related assets (net)	Rs 237.28 billion	Rs 203.87 billion
Net assets (equity)	Rs 48.18 billion	Rs 44.95 billion
Profit after taxation	Rs 4.09 billion	Rs 6.67 billion
Earnings per share	Rs 3.51	Rs 5.73
Total Capital Adequacy Ratio	20.02%	22.20%
Paid-up share capital	Rs 11.65 billion	Rs 11.65 billion

Profit after tax declined year-on-year even as the balance sheet's financing book grew, largely reflecting lower net profit/return earned (Rs 21.58 billion vs Rs 30.36 billion) as system-wide profit rates moved down over the year. The Bank's Capital Adequacy Ratio of 20.02% remains well above the State Bank of Pakistan's 11.50% regulatory minimum. KPMG's audit opinion was unqualified.

Source: Dubai Islamic Bank Pakistan Limited, Financial Statements for the year ended December 31, 2025, audited by KPMG Taseer Hadi & Co. (auditor's report dated February 19, 2026; engagement partner Zeeshan Rashid). Figures rounded to two decimal places in billions.

Latest Quarter: Q1 FY2026 (Unaudited)

Two different stories in DIBPL's Q1 FY2026 interim numbers (unaudited, authorised for issue by the Board on April 29, 2026). The balance sheet kept climbing past the FY2025 year end — assets up, the financing book up, equity up. The income statement told a tougher story, with profit well off last year's pace. The numbers below show how the quarter stacks up against year end.

Metric	Q1 FY2026 (Mar 31, 2026)	FY2025 (Dec 31, 2025)
Total assets	Rs 471.28 billion	Rs 447.11 billion
Deposits and other accounts	Rs 324.53 billion	Rs 334.68 billion
Islamic financing and related assets (net)	Rs 256.54 billion	Rs 237.28 billion
Net assets (equity)	Rs 48.29 billion	Rs 48.18 billion
Profit after taxation (for the quarter)	Rs 686.80 million	Rs 4.09 billion (full year)
Earnings per share (for the quarter)	Rs 0.59	Rs 3.51 (full year)
Total Capital Adequacy Ratio	19.29%	20.02%
Paid-up share capital	Rs 11.65 billion	Rs 11.65 billion

Assets grew roughly 5.4% for the quarter, driven mostly by a bigger investment portfolio and continued build-up in Islamic financing. That growth was funded less by deposits, which eased back, and more by a swing toward interbank borrowing. Profitability is where the quarter got harder: Rs 686.80 million in profit after tax against Rs 2.21 billion in the same quarter last year, with higher operating expenses eating into a lower profit/return line. Capital held up fine regardless — the Total Capital Adequacy Ratio came in at 19.29%, still well clear of the State Bank's 11.50% floor. Worth flagging that these are unaudited interim numbers, not the final audited accounts.

Source: DIBPL Condensed Interim Financial Information for the period ended March 31, 2026 (unaudited; authorised for issue by the Board on April 29, 2026). Quarterly profit and EPS figures are for the three months ended March 31, 2026 only and are not directly comparable to the FY2025 full-year figures shown alongside them. Figures rounded to two decimal places in billions/millions.

Credit Rating History

Date	Long-Term	Short-Term	Outlook	Action
Jun 30, 2025	AA	A-1+	Positive	Maintained
Jun 27, 2024	AA	A-1+	Stable	Reaffirmed
Jun 26, 2023	AA	A-1+	Stable	Reaffirmed
Jun 28, 2019	AA	A-1+	Stable	Upgrade
May 17, 2017	AA-	A-1	Stable	Upgrade

Rating history confirmed from VIS Credit Rating Company's official Rating Report on DIBPL (report date June 30, 2025). VIS is a JCR-VIS successor entity and one of Pakistan's two SBP-recognized credit rating agencies.

Corporate Facts

External Auditor

KPMG Taseer Hadi & Co., Chartered Accountants.

Regulatory Status

Minimum Capital Requirement (MCR) compliant scheduled bank, supervised by the State Bank of Pakistan.

Rating Sector

Classified by VIS under "Commercial Banks," rated on a solicited basis.

Auditor and regulatory status confirmed from VIS Credit Rating Company's June 2025 rating report and DIBPL's official disclosures.

Core Banking Modernization

In June 2026, DIB Pakistan and Systems Limited signed a Core Banking System (CBS) implementation agreement to migrate DIB's core banking platform from Oracle Flexcube to Temenos' cloud-native system. Systems Limited, a certified Temenos partner, is leading the implementation. DIB frames the move as a foundation for further digital and AI initiatives, an API-first architecture, and improved operational stability, security, and efficiency going forward.

Source: DIB Pakistan and Systems Limited's joint announcement of the Core Banking System implementation agreement, June 17, 2026.