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Islamic Finance Briefing - Categorized | Banking, Performance more

Al Baraka Islamic net operating income up 152pct

Posted on 16 May 2011

Bahrain-based Al Baraka Islamic Bank, a subsidiary of Al Baraka Banking Group, said it posted solid results in the first quarter with its net operating income surging by a staggering 151.75 per cent compared to last year.
Announcing the first quarter results on Saturday, the bank said its operating income had increased by 67.3 per cent despite the recent unrest in the kingdom……………………………………….Full Article: Source

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