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Qatar Islamic Bank posts 12.8% profit rise

Qatar Islamic Bank (QIB), the Gulf nation’s largest Sharia-compliant lender by assets, met the average forecast of analysts as it reported a 12.8 per cent jump in first-quarter net profit on Sunday. It made a net profit of 555.4 million riyals ($152.6 million) during the three months to March 31,…

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Click here to read the full story: Gulf News

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