20.01.2012 - Qatar Islamic drops as earnings miss estimates, dividend cut

Qatar Islamic Bank (QIBK) led declines in the nation’s banking stocks after profit missed analysts’ estimates and the Shariah-compliant lender reduced its dividend. The shares of the Persian Gulf country’s biggest Islamic bank dropped 3.1 percent, the most since March 14, to 80.3 riyals, at the 1 p.m. close in Doha. Doha Bank QSC (DHBK) lost 2.9 percent after reporting earnings that matched estimates..............................................Full Article: Source

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