DUBAI: Dubai Islamic Bank (DIB), the United Arab Emirates’ largest sharia-compliant lender beating all forecasts has registered a 55.7 per cent rise in 3rd-quarter net profit on Wednesday.
The bank recorded $184.3 million net profit in three months ended on September 30, up from Dhs434.8 million in the corresponding period of 2013.
The average forecast of analysts was for a net profit in the period of Dhs659.5 million.
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