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Islamic Finance Briefing - Categorized | Banking, Performance more

QIB posts impressive first half net profit

Posted on 16 July 2009

From Thepeninsulaqatar.com: The Qatar Islamic Bank (QIB), the world’s fourth largest Islamic bank in terms of assets, reported an impressive QR812.6m net profits for the first half (H1) of this year, braving all odds posed by the global financial crisis.

The H1 profits represent 32 percent increase over the first quarter of 2009. The bank achieved robust results through an increase in revenues from its operational activities and aggressive expansion of its non-operational income sources…….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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