The lender is talking to the country’s markets regulator as well as Abu Dhabi exchange to ratify details of the deal.
DIB’s earnings were boosted by a 34.5 per cent increase in income from commissions, fees and foreign exchange.
The lender made a net profit of Dhs1.31 billion in the three months to June 30.
Marka’s listing would be the Dubai Financial Market’s first flotation for five years.
The Kingdom’s Public Investment Fund has assets under management worth about $5.3 billion.
Net profit in the second quarter to June 30 rose 20 per cent to KD11.4 million ($40.4 million), the company said in a statement.
The bank earned a net QAR502.6 million ($138.1 million) in the three months to June 30.
The lender made a net profit of Dhs585 million ($159.3 million) for the three months to June 30.
The company made a quarterly consolidated net profit of Dhs62.5 million ($17 million) compared with Dhs27.3 million in the corresponding period in 2013.
The settlement covers payments due between 2007 and 2013.
The bank made a net profit of Dhs1.35 billion ($367.6 million) for the three months ending June 30.
NBAD made a net profit of Dhs1.42 billion ($386.6 million) in the three months to June 30, the bank said in a statement.
The bank made a net attributable profit of Dhs1.06 billion ($288.6 million) in the three months ending June 30, it said in a statement.
The main index rose 3.2 per cent, its biggest rise since April 2012, to a fresh six-year high of 10,062 points in the first hour of trade.
Saudi Arabia plans to open its stock market to direct investment by foreign financial institutions in the first half of next year.
Dubai’s main stock index fell 1.4 per cent as builder Arabtec declined by 3.7 per cent.
Waha, whose shareholders include Abu Dhabi government entities, made Dhs1.14 billion in the second quarter of the year.
The Islamic lender’s net profit for the three months to June 30 was $129.5 million.
Net profit rose despite a drop in sales despite a drop during the first half of the year.
A statement from the cabinet did not specify a timetable for the market to be opened.
In April, the IMF had forecast GDP growth in the Kingdom to reach 4.1 per cent for 2014.
Net profit rose to KD28.51 million ($101 million) in the three months to June 30 from KD26.8 million in the same period a year ago.
Net profit in the three months to June 30 was SAR191.2 million ($51.0 million), compared to SAR165.2 million in the same period a year earlier.
The company made SAR3.66 billion during the three months to June 30, compared to SAR1.50 billion during the same period of the previous year.
A HSBC survey found that business relationship benefits and competitive pricing were driving UAE businesses to adopt trade in Renminibi.
Saudi Arabia led the GCC activity in the first half of the year with four IPOs, followed by the UAE with three.
The firm, owned by billionaire Prince Alwaleed bin Talal, attributed the rise to an increase in gains on investments and dividends income.
Arabtec tumbled its 10 per cent daily limit while the Dubai index dropped 3.9 per cent.
A plan is expected to be put together within three months.
The purpose of issuing bonds is to meet the requirements of Basel III, according to a senior official.