23.09.2010 - Islamic Bank of Britain pre-tax loss narrows
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
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