Financial Results
Islamic Finance
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Al Baraka Islamic Bank net income hits $2.5m
Al Baraka Islamic Bank saw net income reach BD978,000 ($2.5m) in 2011 compared to BD1.75 million in 2010. This drop was a result of the 61 per cent increase in operating expenses due to full consolidation of operations of the bank in Pakistan and Bahrain for the first time in…
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Source: Al Baraka Islamic Bank