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Dubai Islamic 2011 net profit rises 25 percent

Dubai Islamic 2011 net profit rises 25 percent

Dubai Islamic Bank (DIB), Dubai's largest sharia-compliant bank by assets, posted a 25 percent rise in 2011 net profit, the lender said in a statement on Thursday.

February 2, 2012 1:00 by



The bank posted a 2011 net profit of 1.01 billion dirams from 806 million dirhams for the year-ago period. It also proposed a 15 percent cash dividend to shareholders for 2011. (Reporting by Dinesh Nair) *image from dubaichronicle.com



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