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AIB reports net income of $4.73 million in 9M 2016

2016-10-25

According to the financial statements of the Arab Islamic Bank AIB for the first nine months of 2016, Net profit after tax of the period reached 4,734,257 USD Compared with Net profit after tax 4,057,101 USD for 2015, a net increase in profit of 16.69%.Total assets of the company reached 776,791,797 USD compared with total assets of 650,593,114 USD at the end of year 2015, a net increase of 19.40%.Total liabilities of the company reached 704,656,199 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 20.48%. Net ownership equity of the company reached 73,335,732 USD compared with total owner equity of 69,005,125 USD at the end of year 2015, a net increase of 6.28%.


 

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