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AIB reports net income of $3.03 million in H1 2016

2016-08-25

According to the financial statements of the Arab Islamic Bank AIB for the first half of 2016, Net profit after tax of the period reached 3,028,470 USD Compared with Net profit after tax 2,701,168 USD for 2015, a net increase in profit of 12.12%.Total assets of the company reached 732,516,043 USD compared with total assets of 650,593,114 USD at the end of year 2015, a net increase of 12.59%.Total liabilities of the company reached 662,140,763 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) compared with total liabilities of 584,852,194 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) at the end of year 2015, a net increase of 13.21%. Net ownership equity of the company reached 71,575,415 USD compared with total owner equity of 69,005,125 USD at the end of year 2015, a net increase of 3.72%.