DUBAI, Nov 22 (Reuters) - Dubai's Tamweel recorded a third-quarter net profit of 10 million dirhams ($2.72 million), down 95 percent from the year-earlier period, and took impairment provisions of 53 million dirhams in the quarter, it said on Sunday.
The Islamic mortgage lender made a net profit of 65 million dirhams in the first nine months of the year, the firm said in a statement on Dubai's bourse website.
Tamweel made a net profit of 185.7 million dirhams in the third quarter last year.
(Reporting by Jason Benham; Editing by Thomas Atkins) ($1=3.673 Uae Dirham) Keywords: TAMWEEL EARNINGS/

(jason.benham@thomsonreuters.com; +971 4 391 8301; Reuters Messaging: jason.benham.reuters.com@reuters.net)

COPYRIGHT

Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.