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Dubai’s DIB launches five-year $500 million Islamic bond

Dubai Islamic Bank launched a five-year, $500 million Islamic bond, or sukuk, at a spread of 365 basis points over…

May 22, 2012 3:28
 
Dubai Islamic Bank Q1 Net Profit on the Rise

Dubai Islamic Bank Q1 Net Profit on the Rise

Dubai Islamic Bank (DIB), the largest Sharia-compliant lender in the emirate, on Monday said its first-quarter net profit rose 11 percent, helped by growth in its core businesses.

April 30, 2012 9:48
 
Dubai's Tamweel Q1 Net Profit Down 33 Pct

Dubai's Tamweel Q1 Net Profit Down 33 Pct

Dubai-based sharia-compliant mortgage lender Tamweel posted a 33 percent fall in first quarter net profit, hit by litigation provisions.

April 17, 2012 3:50
 
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
 
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