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

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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

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Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,650.53 0.53 1,699,068,106
Dubai 5,774.90 0.3 1,420,429,393
Saudi 11,350.95 0.71 2,122,266,327
Kuwait 9,371.24 0.77 37,662,287
Qatar 11,356.75 0.31 242,969,194
Muscat 6,248.05 0.85 23,375,153
Bahrain 2,049.13 0.12 730,806
Egypt 47,683.17 0.37 527,619,966
Amman 4,076.03 0.19 20,393,407
Palestine 631.65 0.47 140,765

Commodities

Name Last update Closing Price Change %
Brent Jun-01 97.45 6.99
Natural Gas Jun-01 3.20 2.73
Gold Jun-01 4,457.15 1.85
Silver Jun-01 74.26 1.37
Platinum Jun-01 1,924.50 0.31
Nymex Light Jun-01 94.46 8.16

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 51,161.10 50,828.98 0.4
Nasdaq 26,952.58 26,994.79 0.08
S&P 500 7,582.29 7,575.01 0.07
Name Opening price Closing Price Change%
Frankfurt 25,083.24 24,966.25 0.55
Paris 8,171.23 8,112.94 0.86
London 10,409.34 10,310.93 0.95
Stockholm 1,091.62 1,074.97 1.86
Switzerland 13,466.29 13,311.97 1.7
Name Opening price Closing Price Change%
Shanghai 4,067.16 4,057.74 0.27
Hong Kong 25,180.05 25,398.18 0.86
Jakarta 6,112.77 6,127.38 0.05
Tokyo 66,363.43 66,934.33 0.91

Currency

Name Rate Last update
EURO/USD 1.162 Jun-01
GBP/USD 1.343 Jun-01
USD/JPY 159.695 Jun-01
USD/CHF 0.788 Jun-01