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Abu Dhabi Islamic net profit up 12.8pc

Abu Dhabi Islamic Bank (ADIB) said its group net profit for 2011 surged 12.8 per cent to hit Dh1.16 billion ($316 million) compared to Dh1.02 billion the previous year. Announcing the results, the Islamic bank said the group net revenue too registered solid growth with a 11.4 per cent jump…

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