Financial Results
Islamic Finance
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Dubai Islamic Bank Q1 profit up 16 percent
Dubai Islamic Bank (DIB), the United Arab Emirates' largest sharia-compliant lender, posted a 16 percent increase in first-quarter net profit on Wednesday on the back of higher income from Islamic financing and investment. The bank made 1.21 billion dirhams ($329.5 million) in the three months to March 31, it said…
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Click here to read the full story: Global Islamic Economy Gateway