Dubai Islamic Bank announced earnings results for the third quarter and nine months of 2018. The bank posted net profit of AED 1.26 billion for third quarter of 2018 compared to AED 1.16 billion for the same period last year. Net profits was grew 12.1% to AED 3.7 billion from AED 3.3 billion for the same period last year. Total income was AED 8.53 billion, reflecting 13.6% cent year-on-year increase, mainly driven by growth in income from Islamic financing that grew by 20.5% to reach AED 6.9 billion from AED 5.72 billion for the same period in 2017. Net revenue amounted to AED 6.05 billion, an increase of 6.6% compared with AED 5.68 billion in the same period of 2017.