11.08.2009 - Al Baraka Banking Group achieves 14 pct growth in net profit in Q2
From Zawya.com: The Bahrain based leading Islamic banking group, Al Baraka Banking Group,announced a net profit of US$ 49.02 million in the second quarter of 2009, reflecting an increase of 14% over the net profit of the first quarter of 2009. Hence, the net profits for the first half of 2009 reached US$ 92 million. On the other hand, total assets increased by 5.4%, liquid assets by 4.6%, finance and investment by 5.1%, deposits and unrestricted investment accounts by 6.4% and total equity by 1.7% as at the end of June 2009 compared to December 2008. ..........Full Article: Source