Qatar International Islamic Bank’s (QIIB) net profit jumped to QR653m, a growth of 17 percent, for the year ending 2011. Announcing the results, QIIB Chairman and Managing Director Sheikh (Dr) Khalid bin Thani bin Abdullah Al Thani said the results indicate the bank has improved its overall performance and equipped it to play a major role in the Qatari economy. QIIB is working towards achieving the top position in Islamic banking, he added.
The full year results were announced after a meeting at the QIIB Board of Directors here yesterday. The Board recommended to the General Assembly of shareholders the distribution of dividend 35 percent of it’s paid up capital equivalent to QR3.5 per each share………………………………………..Full Article: Source