Wednesday 03, April 2013 by Robin Amlôt

Jordan Islamic Bank net profits up 28.7 per cent to $51.48 million

Jordan Islamic Bank (JIB – part of Al Baraka Banking Group) reports net profits before tax of $72.21 million at end of financial year 2012 with an increase of $16.22 million and with a growth of 28.9 per cent compared to $55.99 million at the end 2011. Net profits after tax reached $51.48 million compared to $39.92 million at the end 2011, up 28.7 per cent.

Features & Analyses

Commercial Banking Banking—creatively disrupted

Sanjeev Kumar, Group CEO, M Holdings Limited, discusses how Bank M became a top bank in Tanzania and why it is now taking its offering… read more