Arab Islamic Bank reports net profits of $1.3 million

16/02/2012 21:23 AST  CPI Financial

Arab Islamic Bank has reported net profits (before taxes and zakat) $1.3 million, compared with a net loss of $1.7 million for 2010.

Total assets reached $300 million as of December 31st, 2011, compared to total assets of $285.7 million as of December 31st, 2010, an increase of five per cent.

Total liabilities reached $92.1 million at December 31st, 2011, compared to total liabilities of $90.7 million in 2010, an increase of 1.5 per cent.

Paid-in capital increased from $40.6 million on December 31st, 2010 to $47.6 million by December 31st, 2011, an increase of 17.1 per cent.

Global News
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

Most Viewed Companies
Ticker Price Volume
GFH 0.21
SECO 14.74 5,260,462
DARALARKAN 12.5 47,357,023
ADIB 6.78 826,911
NBAD 15.05 1,349,794
MASQ 120
QIBK 83.9 396,959
Recent News

U.S. offers to cut tariffs on 99.5% of goods under TPP
WASHINGTON (Kyodo) -- The United States has proposed eliminating tariffs on 99.5 percent of goods imported from Japan, as it presses Tokyo to scrap tariffs even on agricultural products to clinch a 1

UK £50bn better off thanks to quantitative easing, says economist
Britain's economy is £50bn better off as a result of the Bank of England's decision to pump in money in the wake of the global financial meltdown, one of its most senior economists has argued.

Dollar Barely Budges Ahead Of Easter Break
The dollar was narrowly mixed in quiet dealing versus other majors on Thursday, as traders got a head start on the Easter holiday.

There was little reaction to the day's economic news, in

Japan Tertiary Industry Index Plunges In February
An index measuring tertiary industrial activity in Japan was down a seasonally adjusted 1.0 percent on month in February, the Ministry of Economy, Trade and Industry said on Friday - standing at 100

March non-oil exports weaker than expected
NON-OIL domestic exports (NODX) for March were weaker than expected, but it doesn't necessarily mean the official estimate for the first quarter's economic growth will be adjusted down further.

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend


Are you satisfied with your full-service broker?