Business

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QIIB profit surges by 7%

Qatar International Islamic Bank.
By TRENDS Desk
January 26, 2023 3:24 pm
  • The earnings per share (EPS) amounted to QR 0.64 as of December 31, 2022 versus EPS of QR 0.59 in 2021
  • The board of directors has proposed a cash dividend of 40% of paid-up share capital after the approval of QCB

Doha, Qatar – The net profit of Qatar International Islamic Bank has increased by 7 percent during the 12-month period ending December 31, 2022.

The financial statements revealed a net profit of QR 1,075,245,000 in comparison to net profit QR 1,003,347,000 for the same period of the previous year.

The earnings per share amounted to QR 0.64 as of December 31, 2022 versus EPS of QR 0.59 for the same period in 2021.

The board of directors has proposed a cash dividend of 40 percent of paid-up share capital (0.40 QR per share) after the approval of QCB on the financial statements.

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