Financial Results
Islamic Finance
Uncategorized
Emirates Islamic swings to $218mln net profit on lower impairment costs
Emirates Islamic’s earnings have rebounded on the back of higher non-funded income and lower impairment allowances. The Islamic lender reported on Wednesday a net profit of 804 million dirhams ($218.8 million) for the first nine months of the year, up 358 percent from a year ago, when net losses reached…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya