Dubai Islamic Bank Q4 net profit rises 62.8 pct, raises dividend

January 27, 2016 7:50 AM

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DUBAI Jan 27 Dubai Islamic Bank (DIB), the United Arab Emirates' largest sharia-compliant lender, posted a 62.8 percent increase in fourth-quarter net profit on Wednesday, according to Reuters calculations.

The bank made 1.15 billion dirhams ($313.1 million) in the three months to Dec. 31, Reuters calculated based on its full-year earnings statement as it did not provide a quarterly breakdown.

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