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Islamic Finance Briefing - Categorized | Banking, Performance more

Ithmaar Bank posts $16.4 mln profit

Posted on 13 May 2009

From Gulf-daily-news.com: In spite of the global financial downturn Bahrain-based Ithmaar Bank was comfortably in the black in the first quarter of the year.

The Bahrain-based Islamic finance house made $16.4 million in profit during the period and the net profit attributable to equity holders of the bank amounted to $3.8m……..Full Article: Source

 
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