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Qatar Islamic Bank, or QIB, the Gulf state’s largest Shariah-compliant lender by assets, posted a 15 per cent jump in second-quarter net profit on Monday, according to Reuters calculations, beating analysts’ views.
The Islamic lender made a net profit of QR389.6 million ($107 million) during the three months to June 30, Reuters calculated, compared with QR338.9 million in the same period a year ago.
Analysts on average forecast a net profit of QR348.8 million for the period in a Reuters poll.
Compiled from Reuters and staff reports
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