Commenting on the results, Mr. Faisal Aqil, General Manager Retail Banking at Emirates Islamic Bank stated:
"In 2008 we have achieved record breaking results for the bank on all fronts. We continue to lead as the preferred bank for all our retail banking products. The profit results are yet another win for our customers, and underline our commitment to our customers. We continue to declare the highest profit rates on deposits in the UAE, in line with our record for the last couple of years."
Emirates Islamic Bank has 26 branches across the country and is expected to open several other new branches in different areas of the UAE in the coming months.
The bank's Q3 profit rates follow an outstanding half year results that were among the highest in the U.A.E.
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