Dubai – Mubasher: Dubai Islamic Bank’s (DIB) financial results on Wednesday showed a 45.3% increase in net profits during the fourth quarter of 2017, registering AED 1.3311 billion ($362.36 million) versus AED 916.2 million ($249.41 million) in the year-ago period.

The bank’s net profits surged 25% to AED 4.504 billion in 2017, compared to AED 3.5967 billion in 2016, according to a filing to the Dubai Financial Market (DFM).

DIB’s earning per shares (EPS) soared 19% to AED 0.91 in 2017, in comparison with AED 0.76 last year, the bank revealed.