Doha – Mubasher: The board of Qatar International Islamic Bank (QIIB) will convene on 19 July to disclose the bank’s financial results for the first six months of 2016, according to a bourse filing on Wednesday.
In the first quarter of 2016, QIIB earnings rose 5.1% year-on-year to QAR 223.1 million ($61.22 million) from QAR 212.3 million ($58.25 million).
Over the fiscal year 2015, the banks earned QAR 784.2 million, down 5% from QAR 825.8 million for the fiscal year 2014.
Yesterday, the stock quote steadied at QAR 61.37 after 9,400 shares were traded at QAR 577,030.