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Dubai Islamic Bank Q4 Net Profit Up 66.2%

Dubai Islamic Bank, the largest sharia-compliant lender in the emirate, posted a 66.2 per cent jump in fourth-quarter net profit, according to Reuters calculations, on the back of lower financing costs and impairment charges. Beating analysts’ forecasts, the bank made Dhs518 million ($141 million) in the three months to December…

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