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Islamic Finance Briefing - Categorized | Banking, Performance more

QIIB announces cash dividend of 40pct to shareholders

Posted on 04 February 2010

From Gulf-times.com: International Islamic bank (QIIB) has posted a full-year net profit of QR511.3mn in 2009 and recommended a cash dividend of 40% to shareholders. The bank’s total assets stood at QR16.6bn in 2009 compared with QR12.8bn in 2008.
Announcing the results here yesterday QIIB chairman and managing director HE Sheikh Dr Khalid bin Thani bin Abdullah al-Thani said the bank would continue to consolidate its position in the local and regional banking sectors despite the present circumstances and challenges arising from the global financial crisis…………………………………….Full Article: Source

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