Emirates Islamic Bank, one of the leading Islamic financial institutions in the region, announced that its operating profits rose to Dhs138m at the close of the first quarter of 2012. This is a 56% and 68% growth over Q1 and Q4 2011, respectively. The results see Emirates Islamic Bank deliver its highest operating profit for the past two years.
Total net income rose to Dhs228m for Q1 2012, a 21% increase from the same period one year ago. Likewise, customer accounts grew by 5% during the first quarter of 2012, while assets grew by 13% from year-end, 2011………………………………………..Full Article: Source