Abu Dhabi Islamic Bank (Adib) reported flat third quarter profits on Tuesday, citing the impact of central bank limits on lending on revenues, and warned of subdued sector growth next year.

The bank had net profit of Dh319.1 million ($86.9 million) in the three months ended Sept. 30, up slightly from Dh314.52 million a year earlier, it said in a statement. The Islamic lender’s results still beat analysts’ average forecast for profit of Dh286.50 million………………………………………Full Article: Source