The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C. (ABG) announced that it has achieved a net income of $235m in 2012, a noticeable increase of 11% on the income achieved in 2011.
Similarly, statement of financial position items witnessed good increases. Total assets increased by 11%, total financing and investments by 21%, deposits including equity of investment account-holders by 12% and total equity be 9% at the end of December 2012 in comparison with the end of December 2011........................................Full Article: Source
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