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Islamic Finance Briefing - Categorized | Banking, Performance more

Jordan Islamic Bank 2012 net profit rises 29 pct

Posted on 13 February 2013

Jordan Islamic Bank,, a subsidiary of Bahrain-based Al Baraka Banking Corp, reported on Tuesday a 29 percent rise in net profits to 36.5 million dinars ($51 million) last year, helped by healthy growth in Islamic banking services.
The bank’s total assets were up 4.2 percent on a year ago at 3 billion dinars at the end of 2012 dinars, the bank said in a bourse statement. Operational income rose 22.8 percent to 96.1 million dinars………………………………………..Full Article: Source

 
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