Sun 26 Sep 2010 07:52 AM
Salah Jaidah
9

Salah Jaidah

Industry: Banking & Finance

Designation: The Islamic investment bank remains in profit but it has seen its fortunes shrink as the impact of the financial crisis chips away at its profit margin.

Country: Qatar

Occupation: The Islamic investment bank remains in profit but it has seen its fortunes shrink as the impact of the financial crisis chips away at its profit margin.

$233,378

Qatar Islamic Bank

Qatar

The Islamic investment bank remains in profit but it has seen its fortunes shrink as the impact of the financial crisis chips away at its profit margin. However, the $233,374 generated by each of its 704 staff has helped it generate first half profits of $165m.

While this was down over a quarter on the same period last year, it has not deterred the lender and this month it was part of a $1.6bn joint venture agreement to construct a state-of-the-art entertainment and retail complex in Doha.