Dubai, Aug 15 (IANS/WAM) Dubai Islamic Bank (DIB) Sunday posted a net profit of 301 million dirhams (about $81 million) in the second quarter of 2010 compared to 201 million dirhams in the first quarter.
Income during this quarter increased to 1,108 million dirhams compared to 1,079 million dirhams in the first quarter of 2010.
The bank’s total assets as of June 30, 2010, stood at 83.8 billion dirhams compared to 84.3 billion dirhams on Dec 31, 2010.
‘Dubai Islamic Bank is very pleased to share its positive financial results for the second quarter of this year, which show the bank remains on a growth trajectory during a period of ongoing challenges for the financial services sector worldwide,’ said Mohammed Ibrahim Al Shaibani, chairman of the bank.
–IANS/WAM
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