The Dubai-based Sharia-compliant lender which is currently being acquired by its larger rival Dubai Islamic Bank, reported a 29 percent net profit rise in H1 2019 with revenues rising to a record AED410m ($111.6m).
Founded in January 2008, Noor Bank is one of the youngest banks in the country and has achieved significant growth in the past decade.
In 2018, it was ranked the eleventh largest bank in the UAE with assets worth AED50.7bn ($13.8bn).
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