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Emirates Islamic profit rises 71%
The Bank’s total income reached AED 1.2 billion ($326.69 million)
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Emirates Islamic Q1 profit up 76%
The total assets grew by 4% to reach AED 77.9bn ($21.21bn) -
Emirates Islamic 2022 net profit $337m
The profit was driven by funded and non-funded income. -
Emirates Islamic bank net profit for Jan-Sept period $285 million
The bank attributed the profit to higher funded and non-funded income. -
Emirates Islamic 2021 net profit $224m on higher non-funded income
Emirates Islamic’s net profit jumped to AED 823 million ($224 million) for 2021 on higher non-funded income and a significant reduction in the cost of risk reflecting the strong economic recovery, the bank said. The bank, which is one of four Islamic banks in Dubai, said in a statement that... -
Emirates Islamic lists US$500m sukuk
The five years’ benchmark issuance, rated A+ by Fitch Ratings, was priced at 2.082%. -
Emirates Islamic net profit $218m
Higher non-funded income, reduction in the cost of risk push profits up.