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Emirates Islamic holds 48th General Assembly Meeting

By ANI | Updated: February 21, 2024 22:20 IST

Dubai [UAE], February 21 (ANI/WAM): Emirates Islamic, one of the leading Islamic financial institutions in the UAE, held its ...

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Dubai [UAE], February 21 (ANI/WAM): Emirates Islamic, one of the leading Islamic financial institutions in the UAE, held its forty-eighth General Assembly Meeting, on Wednesday.

Hesham Abdulla Al Qassim, Chairman of Emirates Islamic, and Vice Chairman and Managing Director of Emirates NBD, presented a comprehensive review of the financial year ended 31 December 2023.

Commenting on the bank's performance, Hesham Al Qassim said, "Emirates Islamic has achieved a significant milestone in 2023, delivering its highest ever net profit of AED2.12 billion, marking a substantial 71 percent increase compared to 2022. Our outstanding performance underscores our resilience amidst global economic uncertainties and reaffirms our strong position in the regional Islamic banking landscape." (ANI/WAM)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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