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Dubai Islamic 2016 profit up 6pc to $1.1bn

Dubai Islamic Bank (DIB) has reported a net profit of Dh4.050 billion ($1.1 billion) for 2016, an increase of 6 per cent compared to Dh3.839 billion in 2015. At the Annual General Meeting (AGM) held yesterday (February 23) in Dubai, UAE DIB announced that the assembly has approved the distribution…

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Source: Dubai Islamic Bank

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