Dubai – Mubasher: Dubai Islamic Bank (DIB) on Wednesday reported a 15% year-on-year growth in net profit during the first six months of 2018, recording AED 2.384 billion.

Operating revenue also surged 15% to AED 5.577 billion in H1-18, compared to AED 4.865 billion, according to a bourse statement.

On the other hand, the operating expenses increased to AED 1.187 billion in the period between January to June versus AED 1.162 billion.

DIB’s net profit grew to AED 1.21 billion in the second quarter of 2018, in comparison with AED 1.06 in the year-ago period.