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Islamic Finance Briefing - Categorized | Banking, Performance more

Jordan Islamic Bank sees slight drop in 2011 profits

Posted on 02 April 2012

Jordan Islamic Bank (JIB) achieved net profits before tax reached $55.99 million at end of financial year 2011 compared to $57.40 million for the year 2010 whereas its net profits after tax reached $39.92 million at end of 2011.
H.E. Mr. Adnan Ahmad Yousif, Chairman of the Board of Directors of Jordan stated that the Board approved the financial statements and recommended to be presented in the General Assembly ordinary meeting that will be held on 25/4/2012 by distributing cash dividends to shareholders by 15 per cent of the bank’s capital………………………………………..Full Article: Source

 
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