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Islamic Finance Briefing - Categorized | Banking, Performance more

Emirates Islamic Bank posts 56% dip in profit

Posted on 06 May 2009

From Business24-7.ae: Emirates Islamic Bank said first-quarter profit fell 56 per cent after investment holdings and fee income declined.

Net income dropped to Dh65.8 million ($18m), or Dh0.05 a share, from Dh148.6m, or Dh0.12 a share, a year earlier, the bank said in a statement on the Dubai exchange’s website yesterday…….Full Article: Source

 
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