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From Reuters: Al Baraka Egypt Bank, an Islamic bank, more than tripled its net profit for the first quarter to 44.0 million Egyptian pounds ($7.85 million), the stock exchange said on Sunday.
The Cairo-based Islamic bank, in which Bahrain’s Al Baraka Banking Group (ABG) has a controlling stake, posted a net profit of 9.5 million pounds in the first quarter of 2009……………………………………….Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Performance more
Al Baraka Egypt Bank Q1 net more than triples
| Posted on 17 May 2010 |
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