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Emirates Islamic Bank announced profit rate on customer deposits for the 2nd quarter of 2008, recording once again the highest profit rates in the market.
The annual rate of 5.29% on the two-year investment accounts is the highest return declared so far for 2008 by any bank. The one year, 9 months, 6 months, and 3 months investment accounts annual rates of 5.00% , 4.41%, 4.11%, and 3.82% respectively, are also considered to be among the highest returns in the UAE banking industry. 
Commenting on the results, Mr. Faisal Aqil, General Manager Retail Banking at Emirates Islamic Bank stated: “So far the year 2008 is turning to be yet another record breaking year for the bank on all fronts. The bank achieved outstanding half year results and we continue to lead as preferred bank for our target segment, including depositors. This is yet another win for our customers coming soon after the highly successful launch of Skywards EIB Credit Card.   This reiterates our commitment to be customer centric in all that we do. Customers can expect to hear new exciting news in the coming days". 
Emirates Islamic Bank has 24 branches and is expected to open several other new branches in different areas of the UAE in the coming months.

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