send to a friend by email

ISBK posts net income of $1.06 million in H1 2024

2024-09-16

According to the financial statements of Palestine Islamic Bank ISBK for the first half of 2024, Net profit after tax of the period reached 1,058,903 USD Compared with Net profit after tax 8,466,903 USD for 2023, a net decrease in profit of 87.49%.Total assets of the company reached 1,473,285,243 USD compared with total assets of 1,569,277,555 USD at the end of year 2023, a net decrease of 6.12%.Total liabilities of the company reached 471,738,864 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) compared with total liabilities of 1,421,241,547 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) at the end of year 2023, a net decrease of 66.80%. Net ownership equity of the company reached 148,122,302 USD compared with total owner equity of 148,036,008 USD at the end of year 2023, a net increase of 0.06%.