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Islamic Finance Briefing - Categorized | Banking, Performance more

International Investment Bank’s 2008 net income is $13.5 million

Posted on 06 March 2009

From Menafn.com: International Investment Bank (IIB), a globally focused investment bank based in Bahrain operating in line with Shari’ah principles, today announced it’s results for the year ended 31 December 2008.

Total Income for the year 2008 is US$ 30.1 million, mainly derived from investment banking fees generated from the structuring, underwriting and placement of new investments despite the difficult market conditions. Net Income for the year is US$ 13.5 million….. Full Article: Source

 
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