Emirates Islamic Bank posts Q4 profits

Emirates Islamic Bank (EIB) has announced its profit rates on customer investment deposits for the fourth quarter of 2008. The bank announced the new rates (per annum) at 6.3% for under two years, 6.25% for one year, 6.15% for nine months, 6.1% for six months and 6.075% for three months. These rates are among the highest returns in the country.