Deriving strength from the rapidly growing local economy, International Islamic has posted a nine-month net profit of QR625mn, up 10% on the same period last year.
The bank’s total assets reached QR37.9bn at the end of the third quarter compared with 33bn in the corresponding period last year, showing a growth rate of 14.5%.
The third-quarter financial results were announced in Doha by International Islamic chairman and managing director Sheikh Dr Khalid bin Thani al-Thani after a meeting of the bank’s board of directors yesterday.
Sheikh Dr Khalid and al-Shaibei: Promising opportunities in Qatar. (in picture)
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Source News: gulf-times.com
