Islamic Holding Announces Preliminary 2011 Financial Statements

Doha, January 23 (QNA) - Islamic Holding Company has announced the preliminary financial statements for the year ended December 31, 2011. The preliminary financials revealed a net profit of QR 4.6 million in 2011 versus QR 4 million in 2010, the company said in a statement published on the (Qatar Exchange) website on Monday. The Board of Directors decided to recommend to the AGM the payment of a cash dividend to shareholders by (13.34 %) of the capital of the company's paid-up capital, which amounts to (1) riyal per share. Islamic Holding Group, formerly Islamic Financial Securities Company, is an Islamic Brokerage company providing all brokerage services according to Islamic Shari'a provisions. (QNA)