| From Maktoob.com: Abu Dhabi Islamic Bank Thursday reported a third-quarter net profit increase of 11% to 239.5 million U.A.E. dirhams ($65.3 million) from AED216.5 million in the corresponding period a year ago.
Net Profit for the first nine months reached AED701.3 million, down 4.8% compared with the same period in 2008, mainly due to lower investment income and AED121.5 million worth of credit loss provisions in the third quarter, the bank said in an emailed statement..........................Full Article: Source
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