QIIB Net Profits Rise 5.1% to QAR 927 Million and Board Recommends the
Distribution of 42.5% as Cash Dividend
28 January 2020
Qatar
International Islamic Bank disclosed its financial statements for the
period ended on 31 December 2019. These statements displayed net profits
of QAR 927 million, with a rise of 5.1 % against net profits of QAR 882
million for the same period in 2018.
The statements also showed
earnings per share of QAR 0.58 for the fiscal period ended on 31
December 2019 against QAR 0.55 for the same period of the year 2018.
The Board of
Directors recommends the distribution of 42.5% as cash dividends from
the issued capital (QAR 0.425 per Share) following the approval of Qatar
Central Bank on these financial statements.