Dubai – Mubasher: Dubai Islamic Bank’s (DIB) stock grew 0.97% in Tuesday’s mid-session on the back of announcing the financial results of the first quarter of 2019.
By 12:10 pm UAE time, DIB’s stock stood at AED 5.2 with a total turnover worth AED 58.99 million.
DIB’s Q1-19 financials came above analysts’ expectations.
The UAE’s largest Islamic bank posted a 12% year-on-year increase in profits in Q1-19, recording AED 1.3 billion.