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AIB posts net income of $2.70 million in H1 2015

2015-08-10

According to  the Arab Islamic Bank AIB’s financial statements for first half of 2015, Net profit after tax of the period reached 2,701,168 USD Compared with Net profit after tax 2,480,264 USD for 2014, a net increase in profit of 8.91%.Total assets of the company reached 604,892,860 USD compared with total assets of 561,908,064 USD at the end of year 2014, a net increase of 7.65%.Total liabilities of the company reached 545,354,976 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) compared with total liabilities of 503,596,812 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) at the end of year 2014, a net increase of 8.29%. Net ownership equity of the company reached 65,836,195 USD compared with total owner equity of 67,729,769 USD at the end of year 2014, a net decrease of 2.80%.