The Islamic International Rating Agency (IIRA) has reaffirmed the ratings of ABC Islamic Bank at A+ (Single A Plus) / A-1 (A-One) on the national scale (long-term and short-term respectively), and A- (Single A Minus) / A-2 (A-Two) on the interna
Islamic Bank has reported a net profit of $7.5 million for the first half of 2014, 25 per cent higher than the profit of $6 million reported in the first half of 2013.
Total operating income rose to $10.7 million, compared to $8.3
The Islamic International Rating Agency (IIRA) has reaffirmed ratings assigned to ABC Islamic Bank at A+/A-1 (Single A Plus/A-One) on the national scale and A-/A-2 (Single A Minus/A-Two) on the international scale.
ABC Islamic Bank has posted a net profit of $6 million for the first half of the year, 49 per cent higher than that of the same period in 2012.
Total operating income increased to $8.3 million, compared to $7.4 million for the fir
ABC Islamic Bank today announced a net profit of $1.6 million for the first quarter of 2012.
The figure compares with a net profit of $3 million for the first quarter of last year, which was mainly due to a one-off revenue item of $1.3 mi
Leading international and regional banks have signed a deal to arrange dual-currency syndicated Murabaha facility of $201 million and 96.5 million euros for Turkish bank Asya Katılım Bankası to help fund its regional expansion.
ABC Islamic Bank today announced a net profit of $6.7 million for the first nine months of 2011, an increase of 320 per cent over the same period last year.
Net profit for the third quarter was $1.6 million compared to $2.1 million in the
Bahrain-based Albaraka Banking Group (ABG) said its Turkish unit Albaraka Türk Katılım Bankas has successfully closed a $350 million dual-currency syndicated murabaha financing facility.
Several major banks including ABC Islamic,
ABC Islamic Bank today announced that it posted a profit of $6.4 million for the nine-month period ending September 2009.
Income for the third quarter was $9.2 million versus $10.6 million for the previous quarter, due largely to lower rat
ABC Islamic Bank earned a net profit of $23 million for the first nine months of the year, an increase of 60 per cent over the same period last year.
It was also a record nine-month profit in the history of the bank.
Total income r