QIB Net Profit Increases by 12.87% in First Nine Months of 2022

Qatar Islamic Bank

The net profit of Qatar Islamic Bank (QIB) (a Qatari public shareholding company) increased by 12.87 % in the first nine months of 2022 to reach QR 2.850 billion, compared to QR 2.525 billion 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.

(QNA)