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Islamic Finance Briefing - Categorized | Banking, Performance more

First Energy Bank posts $6mln H1 profit

Posted on 13 August 2010

From Tradearabia.com: Bahrain-based First Energy Bank (FEB), a leading Islamic investment bank, has posted a net profit of $6 million for the first half of the year, an increase over the $5.6 million achieved during the same period last year.
FEB also reported achieving a gross income of $18.1 million in the first half, registering a boost over last year’s $16.6 million for the same period, with total assets of $1.21 billion of which 51 per cent of assets were liquid……………………………………….Full Article: Source

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