Monday 29, April 2013 by Robin Amlôt

Islamic Bank of Britain reports 2012 loss of GBP 6.99 million

Islamic Bank of Britain (IBB), the UK’s only wholly Shari’ah-compliant retail bank, reported a loss of GBP 6.99 million for 2012, a GBP 2.01m improvement on 2011 (loss of GBP 9.00m). Operating expenses (excluding restructuring costs) reduced by GBP 0.9m to GBP 9.4m.

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