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Dubai Islamic Bank Q1 net attributable profit rises 7.2 pct

Dubai Islamic Bank the United Arab Emirates' largest sharia-compliant lender, posted a 7.2 percent increase in first-quarter net profit on Wednesday on the back of higher revenue and setting aside less cash for bad debts. The bank made an attributable profit of 875.3 million dirhams ($238.3 million) in the three…

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