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Emirates Islamic posts H1 net profit of $105m

Emirates Islamic’s net profit for the first half of 2017 stood at Dh387 million ($105.3million) compared to Dh137 million for the same period last year, reflecting the success of its investment deposits. One-year deposits offered 1.95 per cent per annum in the second quarter of 2017, up by 50 bps…

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