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Dubai's DIB posts 33.9% jump in Q1 net profit

Dubai Islamic Bank, the United Arab Emirates' largest sharia-compliant lender, reported a 33.9 percent increase in first-quarter net profit on Wednesday, as income from Islamic financing and investment rose and bad loan losses eased. Beating analysts' forecasts, the bank made a net profit attributable to shareholders of 816.7 million dirhams…

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