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AIB posts net income of $4.06 million in 9M 2015

2015-10-29

According to the financial statements of the Arab Islamic Bank for the first nine months of 2015, Net profit after tax of the period reached 4,057,101 USD Compared with Net profit after tax 3,323,288 USD for 2014, a net increase in profit of 22.08%.Total assets of the company reached 603,401,413 USD compared with total assets of 561,908,064 USD at the end of year 2014, a net increase of 7.38%.Total liabilities of the company reached 539,734,165 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 7.17%. Net ownership equity of the company reached 67,179,670 USD compared with total owner equity of 67,729,769 USD at the end of year 2014, a net decrease of 0.81%.