Financial Results
Islamic Finance
Uncategorized
LMC net profit tops $1.26m
Wholesale Islamic bank Liquidity Management Centre (LMC) posted a net profit of $1.26 million in the first quarter of this year, compared with $0.865m for the same period last year. The net profit resulted in a return on capital equivalent to 9.4 per cent annualised while the average interbank rate…
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Click here to read the full story: Gulf Daily