Financial Results
Islamic Finance
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Saudi Arabia's Al Rajhi Bank reports 40% increase in Q1
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 40.1 % rise in net profit, boosted by an increase in financing and investment income. Saudi Arabia's biggest Islamic lender said net profit in the three months ended March 31 to 3.34 billion riyals ($890.60 million). It made net…
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