11.03.2013 - BLME registers $10.9mln operating profit
BLME, the largest Islamic bank in Europe whose main shareholders are Kuwait's Boubyan Bank and the Kuwaiti Public Institution for Social Security, said its net operating profit before impairment charges in 2012 hit GBP7.3 million ($10.9 million), up 67 per cent over GBP4.4 million the previous year. An independent wholesale Sharia’a compliant bank based in London, BLME said its operating profit before tax touched GBP5.51 million. The group's balance sheet too showed a 29 per cent growth whch soared to more than GBP1 billion...............................................Full Article: Source
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