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.