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 6,209.43 0.14 1,203,410,993
Dubai 2,696.03 0.36 116,190,016
Saudi 10,322.68 0.92 6,065,072,770
Kuwait 6,790.43 0.15 30,284,307
Qatar 10,925.24 0.23 277,491,993
Muscat 3,835.27 0.48 2,231,519
Bahrain 1,529.81 0.17 372,662
Egypt 10,767.84 0.77 360,907,332
Amman 1,831.70 0.31 6,561,845
Palestine 491.02 0.02 2,857,018

Commodities

Name Last update Closing Price Change %
Brent May-11 68.34 0.04
Natural Gas May-11 2.94 0.2
Gold May-11 1,833.70 0.22
Silver May-11 27.60 0.48
Platinum May-11 1,237.80 2.1
Nymex Light May-11 64.92 0.06

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 34,572.74 34,262.29 1.38
Nasdaq 13,115.85 13,370.30 0.24
S&P 500 4,150.34 4,149.99 0.92
Name Opening price Closing Price Change%
Frankfurt 15,253.32 15,119.75 1.82
Paris 6,314.27 6,267.39 1.86
London 7,123.68 6,947.99 2.47
Stockholm 902.62 884.50 2.85
Switzerland 11,037.57 10,989.32 1.21
Name Opening price Closing Price Change%
Shanghai 3,406.60 3,441.85 0.4
Hong Kong 28,286.56 28,013.81 0.96
Jakarta 5,965.85 5,938.35 0.63
Tokyo 29,238.56 28,608.59 3.08

Currency

Name Rate Last update
EURO/USD 1.217 May-11
GBP/USD 1.415 May-11
USD/JPY 108.553 May-11
USD/CHF 0.902 May-11