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...