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11.11 million dinars Arab Islamic Bank profits for the first quarter of 2018

Media In / Agencies / Amman 1 May 2018
Arab International Islamic Bank’s profits increased in the first quarter of this year to KD 11.6 million before tax, compared to JD9.9 million for the corresponding period of 2017, an increase of 17%. The Board of Directors approved the financial statements for the first quarter of the current year 2018 during a meeting held on 25/4 / 2018.

According to a statement issued by the bank, the portfolio of sales and local funds grew to KD 1.324 billion, an increase of 3.6 percent from the portfolio as of December 2017, which amounted to KD 1.277 billion.

The deposits and insurance portfolio for unrestricted and unrestricted accounts amounted to KD 1,996 billion, a growth rate of 1.5 percent from the December 2007 balances of KD 1,967 billion.

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