| Emirates Islamic Bank (EIB), on Sunday, reported a 101 per cent increase in first quarter net profit as compared to the previous year. The net profit for the period reached Dhs33.2 million, noting a sharp incline from the Dhs16.5 million in the first quarter in 2012. The total income for the three months, that ended March 31, 2013, rose up by 42 per cent to reach Dhs443 million.
The bank reported a 42 per cent increase in operating profit before an impairment of Dhs195 million in the first quarter...............................................Full Article: Source
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