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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar Islamic Bank announces QR1.3bln net profit for 2009

Posted on 09 February 2010

From Ameinfo.com: Qatar Islamic Bank announced a QR1.32bn net profit for the 2009 fiscal year. The profit stemmed mainly from operating revenues and represents a 23% growth rate from 2008.
Total Equity increased to QR9bn as of December 31st, 2009, a 26% growth compared to the previous year. ROE rated at 20.4% and Earnings per Share amounted to QR6.44 per share………………………………….Full Article: Source

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