Wednesday 18, January 2012 by Robin Amlôt
QIB’s 2011 net profit up eight per cent to QAR 1.365 Billion
Qatar Islamic Bank (QIB) announced net profits reaching QAR 1.365 billion ($375 million), an increase of eight per cent compared to 2010. QIB Board of Directors proposed a 45 per cent Cash Profit Distribution to shareholders, subject to the approval of Qatar Central Bank and to be discussed in the next meeting of QIB General Assembly.
