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AIB posts net income of $5.20 million in 2015

2016-02-14

According to the financial statements of the Arab Islamic Bank AIB for the year 2015, Net profit after tax of the period reached 5,201,692 USD Compared with Net profit after tax 4,129,844 USD for 2014, a net increase in profit of 25.95%.Total assets of the company reached 650,593,114 USD compared with total assets of 561,908,064 USD at the end of year 2014, a net increase of 15.78%.Total liabilities of the company reached 584,852,194 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 16.13%. Net ownership equity of the company reached 69,005,125 USD compared with total owner equity of 67,729,769 USD at the end of year 2014, a net increase of 1.88%.