Monday, 26 August 2019 04:40 GMT
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Emirates Islamic reports USD105mln net profit in H1




(MENAFN) During the first half of 2017, Emirates Islamic Bank reported its net profit that stood at AED387mln comparing to AED137mln posted the same period previous year.

During Q2 of 2017, one-year deposits offered 1.95% per annum, higher than the end of 2016 by 50%, whereas two year deposits offered 2.35% per annum.

Chief Executive Officer at Emirates Islamic said: "Emirates Islamic continues to move forward on its path of profitable growth and after announcing positive results for the first half of 2017, we would once again like to share the success with our customers."

And he added: "The Investment Term Deposit Account is a superior financial planning tool that helps our customers achieve their long-term goals."

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Emirates Islamic reports USD105mln net profit in H1

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