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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar Islamic Bank profit falls

Posted on 17 July 2009

From Gulf-times.com: Qatar Islamic Bank, the country’s biggest lender complying with Islamic banking rules, said first-half profit dropped 5% from a year earlier without giving a reason for the decline.

Profit for the period ended June 30 was 812.6mn riyals ($223mn) compared with 853.5mn riyals a year earlier, according to a statement on the Doha bourse yesterday. Earnings per share fell to 3.98 riyals from 4.49………Full Article: Source

 
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