Sunday 04, November 2012 by Robin Amlôt

Update: Dubai Islamic Bank (DIB) nine months net profit AED 854 million

Dubai Islamic Bank said total assets rose by 3.5 per cent in the first nine months to stand at AED 93.7 billion. Operating profit was up by 4.9 per cent to AED 1.67 billion while customer deposits reached AED 66.9 billion, up 3.3 per cent. At end-September, DIB’s capital adequacy ratio was 18.4 per cent with Tier 1 CAR of 14.3 per cent.

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