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ABC Islamic Bank announces 264% increase in half-year profit to US$5.1 million

Net profit for the second quarter was $2.1 million compared to $3.0 million in the first quarter. Total income for the second quarter was $4.2 million, compared to $4.8 million generated in the first quarter. Operating expenses decreased to $1.5 million compared to $1.8 million in the previous quarter. An…

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Source: press release

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