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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar Islamic Bank sees Q4 profit fall 23pct

Posted on 19 January 2010

From Arabianbusiness.com: Qatar Islamic Bank, the Gulf state’s second largest lender by market value, saw fourth-quarter net profit drop 23 percent on Monday, falling shy of analysts expectations.

Net profit in the quarter was QR300m ($82.42m), compared to QR390m in the prior-year period, according to Reuters calculations…………………………………Full Article: Source

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