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Islamic Finance Briefing - Categorized | Banking, Performance more

Jordan Islamic Bank net profits up 28.7 pct to $51.48 mln

Posted on 04 April 2013

Jordan Islamic Bank (JIB – part of Al Baraka Banking Group) reports net profits before tax of $72.21 million at end of financial year 2012 with an increase of $16.22 million and with a growth of 28.9 per cent compared to $55.99 million at the end 2011. Net profits after tax reached $51.48 million compared to $39.92 million at the end 2011, up 28.7 per cent.
JIB’s Board of Directors is recommending the Ordinary General Assembly to distribute cash dividends to shareholders at 15 per cent of the Bank’s capital………………………………………..Full Article: Source

 
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