Palestine Islamic Bank announced unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported finance and investment Income was $10,746,868 compared to $9,725,231 for the same period a year ago. Share of income from financing and investments was $9,578,215 compared to $8,483,649 for the same period a year ago. Net commissions were $2,208,082 compared to $1,971,466 for the same period a year ago. Net income before tax was $3,844,989 compared to $4,003,552 for the same period a year ago. Net income after tax was $2,672,603 compared to $3,038,790 for the same period a year ago. Basic and diluted earnings per share were $0.039 compared to $0.049 for the same period a year ago. Net cash outflow from operating activities was $28,713,683 compared to $12,950,669 for the same period a year ago. Purchase of property plant and equipment was $1,670,131 compared to $721,624 for the same period a year ago. Purchase of intangible assets was $64,496 compared to $101,960 for the same period a year ago.