VOL. XXX
NO. 16
26-JANUARY-1987
Financial and Banking News
REGIONAL BANKING
DMI Increases Operating Profits
Dar al-Mal al-Islami Trust, the Bahamas-based holding company for the DMIgroup of Islamic financial institutions, announced a 58% increase in operatingprofits for the fiscal year ending 30 June 1986. However, 1986 profits of$11.2mn (compared to $7.1mn in 1985) were almost exclusively achieved as aresult of the profitability of the group's operations in Sharjah and Bahrain.DMI continues to...
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