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Islamic Finance Briefing - Categorized | Banking, Performance more

Jordan Islamic Bank Q1 net surges to $11m

Posted on 25 May 2009

From Tradearabia.com: Jordan Islamic Bank achieved a net profit of 8.09 million Jordanian dinars ($11.41 million) in the first quarter, reflecting an increase of three per cent.

Total assets of the bank, a subsidiary of Albaraka Banking Group (ABG), increased by 10 per cent, liquid assets by 6.5 per cent, finance by 15 per cent, deposits by 10 per cent and shareholders equity by 20 per cent at the end of March compared to the same period last year…….Full Article: Source

 
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