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Qatar Islamic Bank Q4 net more than triples, beats expectations

Qatar Islamic Bank, the Gulf state's largest sharia-compliant lender by assets, more than tripled its fourth-quarter net profit, beating analysts' expectations. QIB made a net profit of 364.9 million riyals ($100.2 million) during the three months to Dec. 31, according to Reuters calculations, compared with 110.6 million riyals in the…

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