Sunday 21, October 2012 by Robin Amlôt

Jordan Islamic Bank Q3 net profit $39.92 million, up 35 per cent

Jordan Islamic Bank (JIB) Q3 net profit of $39.92 million was up from $29.62 million in Q3 2011. Musa Abdelaziz Shihadeh, Vice Chairman, General Manager of JIB said the bank's assets with accounts managed added to (restricted investment accounts, Muqarada bonds and investment by proxy accounts) reached about $4.68 billion as of end-September compared to $4.43 billion at end-2011, an increase of 5.4 per cent.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more