Al khaliji, the country’s new generation bank, has reported a 14% rise in its net profit to QR487mn in 2011. The bank has suggested 10% cash dividend, which will have to be approved by shareholders at the annual general assembly.
But net income from Islamic banking activities plunged 88% to QR11mn, owing to the need to comply with the Qatar Central Bank’s directive to suspend conventional banks’ Islamic financing activities………………………………………..Full Article: Source