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Qatar Islamic Bank reports $51.44m Q3 profits

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 14 October 2009
NET PROFIT: Qatar Islamic Bank posted a Q3 net profit of QR187.35m. (Getty Images)
NET PROFIT: Qatar Islamic Bank posted a Q3 net profit of QR187.35m. (Getty Images)

Qatar Islamic Bank's third-quarter net profit fell 52.8 percent to QR187.35m ($51.44m) from the same quarter last year.

The lender said on Wednesday it made a net profit of QR1bn in the first nine months of the year, but did not give third quarter figures, which Reuters calculated based on previous financial statements.

It made a net profit of QR397.08m in the third quarter of 2008. (Reuters)

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