Qatar Islamic Bank S.A.Q. Reports Earnings Results for Second Quarter and Six Months Ended June 30, 2015
July 30, 2015 at 04:39 am EDT
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Qatar Islamic Bank S.A.Q. reported earnings results for second quarter and six months ended June 30, 2015. For the quarter, the company reported net profit attributable to shareholders of the bank of QAR 2.09 per share QAR 1.65 per share for the same quarter ended June 30, 2014. Total income from financing and investing activities was QAR 984.29 million, compared to QAR 781.88 million for the same quarter ended June 30, 2014.
For the six months, the company reported net profit attributable to shareholders of the bank of QAR 3.79 per share QAR 3.07 per share for the same quarter ended June 30, 2014.
Qatar Islamic Bank QPSC is a Qatar-based banking institution. The Bank is primarily involved in corporate, retail and investment banking in accordance with Islamic sharia rules as determined by sharia supervisory board of the Bank, and has over 26 branches in Qatar and a branch in Sudan. The Bank operates under the following segments: Corporate Banking, which includes services offered to institutional investors, corporate, small and medium enterprises, financial institutions and investment vehicles; Personal Banking, which includes services that are offered to individual customers through local branches of the bank which includes checking and savings accounts, credit cards, personal lines of credit and mortgages, among others; Group Function, which includes treasury, investment, finance and other central functions, as well as Local and International Subsidiaries. The Bank is a subsidiary of Qatar Islamic Bank QPSC.
QATAR ISLAMIC BANK (Q.P.S.C.) 
