UAE Business: Emirates Islamic Q1 net jumps 35pc to record $221m
Emirates Islamic net profit surged to a record AED811
Source: gdnonline.com
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Emirates Islamic net profit surged to a record AED811
Emirates Islamic net profit surged to a record AED811 million ($221 million) in the first quarter of 2024, up 35% year-on-year, underpinned by a robust 19% growth in total income, propelled by higher funded and non-funded income streams.
Financing facility is the 1st of its kind by a Shariah-compliant financial institution