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Islamic Finance Briefing - Categorized | Banking, Performance more

DIB approves 25 per cent cash dividend

Posted on 27 March 2009

From Business24-7.ae: Dubai Islamic Bank (DIB) announced that the AGM has approved the distribution of a cash dividend of 25 per cent and bonus shares of five per cent for the year 2008.

DIB reported Dh1.73 billion in net profit for the 12 months ending December 31, 2008, demonstrating strong growth in its core operations despite challenging global financial conditions…..Full Article: Source

 
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