Dubai Islamic Bank (DIB) group reported a net profit of AED 1.19 billion, compared to AED 1.05 billion in 2011, an increase of 13 per cent. DIB’s Board of Directors also recommended the distribution of a cash dividend of 15 per cent, subject to regulatory and general assembly approvals.
DIB’s total assets as of December 31, 2012, stood at AED 95.4 billion, compared to AED 90.6billion at the end of the same period in 2011, an increase of 5.3 per cent……………………………………Full Article: Source