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Jordan Islamic Bank net profit up 67%
- Jordan: Wednesday, December 10 - 2008 at 07:58
Jordan Islamic Bank has reported that it achieved 67% growth in net profit for the first nine months of this year. The financial results of the bank, a subsidiary banking unit of Albaraka Banking Group, for the period show that it achieved a net profit before tax amounting to 44.34 million Jordanian dinars compared to 26.58m dinars for the same period of last year. Profit after tax was 30.4m dinars at the end of the third quarter of this year compared to 17.63m dinars for the same period last year, an increase of 73%.
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