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Ithmaar Bank reports $1.77 million net profit

Ithmaar Bank, a Bahrain-based Islamic retail bank, announced Saturday a net profit of $1.77 million for the first half of 2014, compared to the net loss of $7.52 million reported for the same period last year. Net loss for the three-month period ended June 30, 2014, amounted to $0.34 million,…

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