Islamic Finance

BRIEF-Qatar Islamic Bank Q1 Profit Rises

| 15 April, 2018

APRIL 15, 2018 | 9:40AM EDT 

Qatar Islamic Bank:

* Q1 net profit 625.2 million riyals, up 12.6 percent year-on-year

* Q1 total income 1.64 billion riyals versus 1.50 billion riyals year ago

* Total capital adequacy of bank under Basel III guidelines is 17.4 percent as of March 2018

Source: (bit.ly/2vgx0wP) Further company coverage:

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