Qatar Islamic Bank nets QR1.13bn gain in 9 months to Sept
Qatar Islamic Bank (QIB) shows high performance with a net profit of QR1.13bn in the first nine months of 2012. This is an increase of 2% compared to the same period last year. In September this year, QIB's total assets were at QR66.8bn - an increase of 26.7% since last year. The reason for the continuous asset growth are the financing activities, which have risen 42% from QR11.3bn in the first nine months of 2011 to QR38.1bn this year.