Dubai – Mubasher: Dubai Islamic Bank (DIB) said its shareholders approved on Wednesday, 22 February, the distribution of 45% dividends, equivalent to 45 fils per share, for fiscal year 2016, according to a statement.
The total dividend payout amounts to AED 2.22 billion for FY16.
The bank generated net profits rose to AED 4.05 billion in 2016 from AED 3.84 billion in 2015.