Dubai Islamic Bank reported 10% loan growth in the third quarter, but its shares dropped 18% as investors reacted to the results. The decline highlights concerns over profitability and asset quality even as lending expanded.
Dubai Islamic Bank Shares Fall 18% Despite 10% Loan Growth in Q3
Dubai Islamic Bank reported 10% loan growth in the third quarter, but its shares dropped 18% as investors reacted to the results. The decline highlights concerns over profitability and asset quality even as lending expanded.
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