Qatar ISlamic Bank announces first quarter 2017 results

17/04/2017 07:07 AST

Qatar Islamic Bank (QIB), the Gulf state's largest Sharia-compliant lender by assets, met the average forecast of analysts as it reported a 12.8 per cent jump in first-quarter net profit on Sunday.

It made a net profit of QR555.4 million ($152.6 million) during the three months to March 31, compared with QR492.4 million in the same period a year earlier, its statement said.

Three analysts polled by Reuters had forecast on average the bank to make a quarterly net profit of QR518.7 million.

Financing activities grew 9.3 per cent year on year to QR99.5 billion, and deposits gained 16.3 per cent over the same time period to Qr103.9 billion.


Times of Oman

News

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

QIB announces first winner of 'Visa 2018 FIFA World Cup' prizes

12/03/2018

Qatar Islamic Bank (QIB), country's leading Shariah-compliant lender, has announced the first winner of its 'FIFA World Cup Russia' prizes. These prize packages are offered in partnership with Visa,

The Peninsula

QIB gets approval to renew Sukuk programme

22/02/2018

QIB's annual general assembly has approved the bank's board of directors' recommendation to renew, and also to increase, the bank's Sukuk programme. The leading Islamic lenders' AGM, met here yesterd

The Peninsula

Most Viewed Companies

Ticker Price Volume
NADEC 27.30 1,369,614
ARDCO 29.25 233,374
DU 6.55 441,215
A.OTHAIMMARKET 11.90 545,416
ZAINKSA 10.82 1,868,409
HERFYFOODS 26.10 412,306
MIS 183.20 17,353

Valuation

QIBK Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
MARK 2.40 0.01 (0.20%)
CBQK 4.22 -0.04 (-0.85%)
QIIK 10.90 0.05 (0.46%)
QNBK 17.70 0.19 (1.08%)
ABQK 3.70 -0.02 (-0.41%)

Recent News

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap