Dubai Financial Market | Dubai Islamic Bank | Press release regarding financial results for the 1st QTR of 2021

 

Dubai Islamic Bank 1st Quarter 2021 Group Financial Results


o Net profit rebounds strongly from last quarter to AED 853 million signifying a clearly improving economic trend.
o Improving profitability supported by a 27% reduction in operating expenses YoY.
o Integration synergies materializing as efficiency build up continues.
o Cost income ratio of 27.5%, the lowest in the financial sector, positioning the bank as the most efficient player in the market.

Press release regarding financial results for the 1st QTR of 2021

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 10,099.06 0.61 1,114,906,774
Dubai 5,978.69 0.21 741,749,030
Saudi 10,780.69 1.22 16,417,634,768
Kuwait 9,435.98 0.05 80,359,679
Qatar 11,307.85 0.73 1,098,638,300
Muscat 5,123.64 0.11 20,243,352
Bahrain 1,923.39 0.1 370,787
Egypt 35,403.00 1.22 1,847,243,146
Amman 3,082.14 0.1 10,344,519
Palestine 537.58 1.38 5,843,930

Commodities

Name Last update Closing Price Change %
Brent Sep-18 68.09 0.13
Natural Gas Sep-18 3.04 1.77
Gold Sep-18 3,646.29 0.37
Silver Sep-18 41.66 0.08
Platinum Aug-14 1,357.20 1.09
Nymex Light Sep-18 64.17 0.06

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 46,056.55 45,979.07 0.09
Nasdaq 22,439.11 22,379.82 0.53
S&P 500 6,626.85 6,613.23 0.2
Name Opening price Closing Price Change%
Frankfurt 23,577.06 23,579.15 0.64
Paris 7,822.57 7,854.65 1.12
London 9,208.37 9,216.62 0.28
Stockholm 981.16 985.04 0.12
Switzerland 12,030.72 12,031.46 2.36
Name Opening price Closing Price Change%
Shanghai 3,876.06 3,831.66 0.64
Hong Kong 26,863.69 26,544.85 2.34
Jakarta 8,065.74 8,008.43 4.98
Tokyo 44,910.50 45,303.43 4.24

Currency

Name Rate Last update
EURO/USD 1.180 Sep-18
GBP/USD 1.360 Sep-18
USD/JPY 147.766 Sep-18
USD/CHF 0.791 Sep-18