03.08.2009 - Emirates Islamic Bank Q2 net drops 79pct
From Tradearabia.com: Emirates Islamic Bank, a unit of Emirates NBD, on Sunday reported a 79-per cent drop in second-quarter net profit, due to an increase in impairments, expenses and lower income from fees. The Islamic lender posted a net profit in the second quarter of Dh35.3 million ($9.6 million) from Dh170.8 million in the same period in 2008, according to a statement posted on the bourse website........Full Article: Source
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