Tue, Sep 2, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Islamic Bank of Britain pre-tax loss narrows

Posted on 23 September 2010

From StockMarketWire.com: Islamic Bank of Britain posts a pre-tax loss of £4.3m for the six months to the end of June compared with $4.6m a year ago. Operating income fell to £694,979 - down from £1,0m last time - and it had cash and cash equivalents of £4.7m against £3.6m at the corresponding stage in 2009.
Chairman Mohsen Moustafa said: “The board expects the challenging market conditions to persist through the remainder of the financial year.”………………………………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930