Financial Results
Islamic Finance
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Masraf Al Rayan posts QR510mn Q1 net profit as core earnings surge
Masraf Al Rayan, a Shariah-compliant lender, has reported a net profit of QR510mn in the first three months of this year on the back of “reasonable” expansion in core earnings. The bank’s financing grew 3% year-on-year to QR67.51bn and investments by 6% to QR15.56bn during January-March this year. The asset…
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Click here to read the full story: Gulf Times