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Islamic Finance Briefing - Categorized | Banking, Performance more

Dubai Islamic Bank Q2 falls 40 pct, beats forecasts

Posted on 27 July 2009

From Aawsat.com: Dubai Islamic Bank (DIB) posted a net profit of 450 million dirhams ($122.5 million) in the second quarter, down 40 percent from a year earlier but better than analysts’ forecasts.

The bank, one of the largest Islamic lenders in the Gulf Arab region, said in a statement on Saturday half-year profit stood at 820 million dirhams…………Full Article: Source

 
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