The General Assembly of Dubai Islamic Bank agreed to distribute 35% of the capital’s cash dividends, at a value of AED 2.53 billion for the year 2019.


According to the Emirates News Agency, the last day for participation in the profits has been decided on March 23, while the date of obtaining the dividends will be on the 25 of the same month.


The bank achieved a profit of 5.1 billion dirhams during the year 2019, which is the highest ever in the bank’s history, which strengthened its position among the best 3 banks in terms of profitability in the UAE.


It is noteworthy that the total assets of the bank, which has become one of the largest Islamic banks in the world, reached 275 billion dirhams during the year 2019.