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Islamic Finance Briefing - Categorized | Banking, Performance more

Al Rajhi Bank records strong performance

Posted on 23 February 2012

Al Rajhi Bank, the world’s largest Islamic banking group, has achieved highest net profit among Saudi banks. As of December 31 2011, the bank posted a net profit of 7,378 million riyals (RM5.95 billion), an increase of nine per cent from last year.
Its shareholders’ equity reached 33 billion riyals (RM26.61 billion), up 8.3 per cent from last year, while total assets increased 20 per cent to 185 billion riyals (RM149.17 billion) last year. ……………………………………….Full Article: Source

 
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