The organisation is part of Emirates NBD.

Emirates Islamic, the United Arab Emirates-based banking group and part of Emirates NBD, yesterday announced that it logged a net profit of AED411 million ($111.9 million) in the first three months of 2019, surging by 97 per cent, and up by 54 per cent on the previous quarter.

Total income stood at AED663 million, rising by 12 per cent year-on-year, it said yesterday. 
 
The lender had a Tier 1 capital ratio of 17.4 per cent.

“At Emirates Islamic, we are committed to the growth of Islamic banking across the UAE, and we recently launched our flagship branch in Abu Dhabi, providing retail, priority, business and corporate banking services to our customers in the capital,” Salah Mohammed Amin, chief executive of Emirates Islamic, said.