NO. 3


Financial and Banking News

Regional Banking

Profits Stay High at Qatar Islamic Bank, but Rate of Growth Slows

Profitability at Qatar Islamic Bank (QIB) slipped in the year to 22 July 1990(Hijra year 1410), although the bank remained well ahead of most Gulfinstitutions in terms of its return on assets and equity. Net profits for theyear (after deducting the share due to depositors, which in a conventional bankwould automatically be booked as part of the cost of...