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Qatar Islamic Bank Q2 net profit gains 15%, beats estimates

Qatar Islamic Bank, the Gulf state’s largest Sharia-compliant lender by assets, posted a 15 per cent jump in second-quarter net profit on Monday, according to Reuters calculations, helped by strong lending growth. Fierce competition has resulted in many Qatari banks looking abroad to expand their operations and earnings potential, but…

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Click here to read the full story: Gulf News

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