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Dubai Islamic net profit up 34pc

Dubai, November 11, 2013

Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the emirate, said on Monday its nine-month net profit jumped 33.5 per cent.

The bank made Dh1.2 billion ($326.7 million) in the nine months to September 30, it said in a statement, up from 899 million dirhams in the corresponding period last year.

It did not give a figure for third-quarter profit in the statement.-Reuters

Tags: Dubai Islamic Bank |

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