QIB Reports QR 291.1 Million in Net Profit

Doha, April 29 (QNA) - Qatar Islamic Bank (QIB) disclosed the interim financial statement for the three month period ended March 31, 2013. The financial statements revealed a net profit of QR 291.1 Million in comparison to QR 387.7 Million for the corresponding period in 2012, the bank said in a statement. The Earnings per Share (EPS) amounted to QR 1.23 as of March 31, 2013 versus QR 1.64 of the same period in 2012. Qatar Islamic Bank (QIB) was established on 8 July 1982 as a Qatari shareholding company. It provides banking services in accordance with the provisions of Islamic Shari'a and as per the regulations of Qatar Central Bank (QCB). (QNA)