Thursday 17, July 2008 by

QIB reports $234 million net profit for first half of 2008

Qatar Islamic Bank (QIB) has achieved record profits of $234.4 million for the first half of 2008, compared to $137.8 million for the same period of 2007 indicating a growth rate of 70.2 per cent. The depositors’ share from the profits reached $45.7 million compared to $34.5 million in 2007 with a growth of 32.2 per cent.

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