Emirates Islamic Q1 Net Leaps by 35 percent to Record $221m

Emirates Islamic net profit rose to a record AED811 million ($221 million) in the first quarter of 2024, up 35% year-on-year, fortified by a strong 19% growth in total income, driven by higher funded and non-funded income streams. Net profit margin was at 4.7%. Furthermore, the remarkable 28% increase in operating profit not only highlights … Continue reading Emirates Islamic Q1 Net Leaps by 35 percent to Record $221m