Arab Today, arab today dubai islamic sets profit rate at 625
Last Updated : GMT 21:48:33
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Arab Today, arab today

Dubai Islamic sets profit rate at 6.25%

Arab Today, arab today

Arab Today, arab today Dubai Islamic sets profit rate at 6.25%

Abu Dhabi - Arabstoday

Dubai Islamic Bank, the United Arab Emirates\' biggest Sharia-compliant lender, will pay a profit rate of 6.25 per cent on a $1 billion Islamic bond it plans to sell, said a banker familiar with the matter. The profit rate per year is payable semi-annually in arrear until the first call date in 2019, two bankers said. time of oman

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