Bahrain Islamic Bank (BisB) has announced it realised BD8.6 million ($22.6 million) as net profit on its activities for the first nine months of the current year, after deducting BD7.3 million as net provisions, compared with BD6.1 million for the same period last year. In a statement issued after the bank’s board approved the financials, chairman Abdul Razak Al Qassim said net operating profit for the period is BD31.4 million as against BD29.1 million for the same period last year, said a report in the Gulf Daily News (GDN), our sister publication.

 

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