Dubai’s Emirates Islamic Bank’s H1 Profit Up 37% To $463M On Higher Income, Lower Impairment Allowances

This post was originally published on Forbes Middle East

Dubai-based Emirates Islamic Bank (EIB) posted a 37% increase in first-half profit to $462.8 million (AED 1.7 billion), driven by higher income and lower impairment allowances, according to a statement released Thursday.