Thursday 28 August 2014
 
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Masraf Al Rayan

Masraf Al Rayan profit rises 12.1 pc

Masraf Al Rayan, Qatar's largest Islamic lender by market value, has reported a 12.1 percent increase in second-quarter net profit, exceeding analysts' expectations. Analysts polled by Reuters had on average forecast a net profi

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Masraf Al Rayan sells stake in firm to govt fund

Masraf Al Rayan, Qatar's largest Islamic bank by market value, said on Sunday it had agreed to sell its 50 percent stake in Seef Lusail Real Estate Development Co to the real estate arm of the Gulf state's sovereign wealth fund.

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Masraf Al Rayan Q1 net climbs 8pc

Masraf Al Rayan, Qatar's largest Islamic lender by market value, reported an 8 percent increase in first-quarter net profit on Wednesday, beating analysts' expectations. Net profit for the opening three months of the year

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Masraf Al Rayan Q4 profit up 7.6pc

Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, posted a 7.6 percent increase in fourth-quarter net profit on Monday, Reuters calculated. The lender made around 470 million riyals ($129.1 million) of ne

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Masraf Al Rayan buys Islamic Bank of Britain

Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, said on Thursday it had completed its acquisition of Islamic Bank of Britain (IBB). Al Rayan did not disclose the terms of the purchase. IB

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Masraf al Rayan Q2 net profit up 13.3pc

Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, posted a 13.3 per cent increase in its second-quarter net profit, Reuters calculations show, edging ahead of analysts' forecasts. Net profit for the s

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Qatar's Masraf al Rayan Q1 net up 13pc

Qatar's largest Islamic lender by market value Masraf al Rayan has reported a 13.2 per cent increase in its first-quarter net profit, beating analysts' expectations. The net profit for the three months to the end of March

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Qatar's Masraf Al Rayan eyes Libya bank

  Masraf Al Rayan, Qatar's largest Islamic lender by market value, is seeking shareholder approval to buy a strategic stake in a Libyan commercial bank through a capital increase, it said on Mon

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QSTec wins funding for $1bn polysilicon plant

Qatar Solar Technologies (QSTec) said it has secured financing from country's leading Islamic bank Masraf Al Rayan for its ambitious $1 billion polysilicon manufacturing plant project. QSTec is a joint venture between Qatar Solar,

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Masraf Al Rayan 9-month profit hits $275m

Qatar's Masraf Al Rayan posted a net profit of QR1 billion ($274.6 million) in the first nine months of the year, compared to QR911.5 million in the year-ago period, a statement on the country's news agency said.

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