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001122334455554433221100

Dubai Islamic Bank reports 27 percent profit increase and approves 45 percent dividend

Dubai Islamic Bank (DIB) reported a pre-tax profit of Dh9 billion for 2024, reflecting a 27% increase from the previous year. Total income rose to Dh23.3 billion, a 16% year-on-year growth, while net financing and sukuk investments grew by 10.1% to Dh295 billion. Shareholders approved a 45% cash dividend, amounting to approximately Dh3.25 billion, and ratified the appointment of the bank’s Internal Sharia Supervision Committee and external auditors for the 2025 financial year.
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