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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar Islamic drops as earnings miss estimates, dividend cut

Posted on 20 January 2012

Qatar Islamic Bank (QIBK) led declines in the nation’s banking stocks after profit missed analysts’ estimates and the Shariah-compliant lender reduced its dividend.
The shares of the Persian Gulf country’s biggest Islamic bank dropped 3.1 percent, the most since March 14, to 80.3 riyals, at the 1 p.m. close in Doha. Doha Bank QSC (DHBK) lost 2.9 percent after reporting earnings that matched estimates……………………………………….Full Article: Source

 
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