Al Ansari Okays Interim Cash Dividend of $40.43 Million

Al Ansari Financial Services, the largest non-banking financial services provider in the GCC and listed on Dubai Financial Market (DFM), on Friday announced that its Board of Directors has approved an interim cash dividend for the first half of 2025 amounting to $40.43 million, representing approximately 70% of the company’s net profit after tax.

The last date of dividend entitlement is 25 September 2025 with the ex-dividend date set for 26 September 2025. The shareholder registry will close on 29 September 2025, and the dividend distribution date will be 15 October 2025.

This dividend distribution is in line with the company’s approved dividend policy and reflects its ongoing commitment to returning value to shareholders while maintaining a strong financial position and executing strategic growth initiatives.

Mohammad A. Al Ansari, Chairman of Al Ansari Financial Services, said that this dividend approval reflects the strength of their business and unwavering focus on returning value to the company’s shareholders.

“Our performance continues to demonstrate the resilience of our business model and the effectiveness of our strategy. Backed by a solid financial position, we remain committed to delivering sustainable growth, operational excellence, and reinforcing our leadership in the financial services sector,” he added.

H1 Performance

The company has delivered a resilient and record-breaking performance in the first half of 2025 reporting a 13% y-o-y increase in operating income to $173.7 million, attributable to the consolidation of BFC Group Holdings results from Q2 2025 and the strong performance across the majority of business lines.

This growth, achieved despite persistent geopolitical headwinds, reinforces the Group’s resilience, market leadership and the success of its long-term strategy to drive sustainable growth by capitalising on the UAE’s and wider GCC’s robust economic momentum.

Operating Income demonstrated an increase of 13% y-o-y driven by the consolidation of BFC figures and robust performance across most of the business lines.

EBITDA witnessed a sizeable 11% growth y-o-y, with EBITDA margin remaining consistent at 45%, despite a complex operating environment characterised by increased costs and geopolitical tensions in the region.

Net profit after tax increased by 3% y-o-y, as a result of the increased finance costs for the acquisition loan, despite the sizeable uptick in operating income arising from the consolidation of BFC results.

Operational Performance

The total number of transactions grew by 10% to reach 28 million in H1 compared with the same period last year.

The market continued to witness pressures from key remittance corridors as well as certain fintech practices and ongoing geopolitical tensions, which have weighed on remittance income. Despite these headwinds, Remittance operating Income rose by 2% y-o-y, reflecting the Group’s robust fundamentals and market adaptability.

Although geopolitical tensions in certain markets have exerted pressure on the banknotes business, the Group demonstrated resilience in this segment, reporting a substantial 26% y-o-y increase in Banknotes operating income.

Strategic partnerships, strong overall performance and increased demand on our prepaid cards, the consolidation of BFC figures and the GCC’s surge in tourism enabled us to navigate disruptions and to continue to meet and exceed customer expectations.

The Group’s continued investment in digital innovation is yielding strong results, with a notable 30% y-o-y increase in the number of transactions conducted through its digital channels, constituting 23% of the total outward remittance transactions.

This growth reflects the accelerating adoption of our digital platforms, as more customers choose the convenience, speed, and reliability of our online and mobile services.

The uptick in usage is a direct outcome of our commitment to deliver a seamless and intuitive customer experience — one that builds trust and encourages long-term digital engagement. As we advance our digital transformation strategy, these early adoption trends position us well for scalable growth and deeper customer connectivity in the quarters ahead.