Dubai Islamic Bank, the UAE’s largest sharia-compliant lender, posted a 3 per cent increase in second-quarter net profit on Wednesday, broadly in line with analysts’ forecasts.
The bank made Dh928.9 million in the three months to June 30. This compares with a profit of Dh902m in the corresponding period of last year.
The average forecast of three analysts was for DIB to make a quarterly profit of Dh933m.
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