Dubai Islamic Bank (DIB) announced its financial results for the first 9 months of 2007, demonstrating an overall strong performance. For the nine months ending September 30, 2007, DIB's net profit reached AED 1.9 billion, an increase of 86 percent compared to AED 1.02 billion for the same period last year.
During the same period the profit before distribution to depositors touched AED 3.9 billion, registering growth of 77 percent compared to AED 2.2 billion in the corresponding period of 2006.-PR