Islamic Finance
Uncategorized
Dubai Islamic Bank FY net profit jumps 26%; beats estimate
Dubai Islamic Bank, the UAE’s largest Islamic lender, posted a 26% jump year-on-year (YoY) in its FY 2022 net profit to 5.55 billion dirhams ($1.5 billion), driven by lower impairments and improved net income. The earnings easily beat Refinitiv’s mean analyst estimate of AED4.97 billion. Net income grew 11% YoY…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya