Annual Report 2008 of Dubai Islamic Bank Pakistan Limited

It is a broadly described annual report of Dubai Islamic Bank Pakistan Limited in the year of 2008. During the financial year, The Bank’s Total assets stood at Rs. 32,050,073 million against at Rs. 21,308,247 million. Total Deposits of the Bank was Rs. 25,458,910 million against at Rs. 16,114,461 million. The share capital of the Bank stood at Rs. 6,017,780 million. During the year, The Bank earned Profit/(Loss) before taxation Rs. (271,806) million. Profit/(Loss)after taxation for the year Rs. (181,822) million. The earnings per share (EPS) basic/diluted (loss) per share for the year was Rs. (0.35).

During the year, the Bank has increased its Authorized share capital from Rs.6 billion (600,000,000 ordinary shares of Rs.10/- each) to Rs.8 billion (800,000,000 ordinary shares of Rs.10/- each) as approved by shareholders in their annual general meeting held on 29^th March 2008.

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