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Business

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

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ADNOC Distribution 2025 dividend $700m

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Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

QIB’s profit shoots up 13%

A front view of the headquarters of Qatar Islamic Bank in Doha. (QNA)
By TRENDS Desk
October 18, 2022 2:28 pm
  • The bank's data showed an increase in earnings per share for the period ending on Sep. 30, 2022, to reach QR1.21, compared to QR 1.07 for the same period last year
  • QIB carries out all banking, finance, investment and banking services in accordance with the provisions of Islamic Sharia

Doha, Qatar—The net profit of Qatar Islamic Bank (QIB) has shot up 12.87 % in the first nine months of 2022 to reach $783 million, compared to $692 million in the same period last year.

The bank’s data showed an increase in earnings per share for the period ending on Sep. 30, 2022, to reach QR1.21, compared to QR 1.07 for the same period last year.

Qatar Islamic Bank was established in 1982 and was listed on Qatar Stock Exchange in 1997. It carries out all banking, finance, investment and banking services in accordance with the provisions of Islamic Sharia.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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