15-01-2025
Qatar Islamic Bank discloses the interim financial statement for the twelve-month period ending 31st December , 2024 . The financial statements revealed a Net Profit of QR 4,605,321,000 in comparison to Net Profit QR 4,305,205,000 for the same period of the previous year.
The Earnings per share(EPS) amounted to QR 1.86 as of 31st December , 2024 versus Earnings per share(EPS) QR 1.73 for the same period in 2023.
QIB Board of Directors proposed additional cash dividend distribution to shareholders of 55% of the nominal share value (QAR 0.55 per share), taking the total cash dividend for the year 2024 to 80% (QAR 0.80 per share), subject to approval of Qatar Central Bank and General Assembly.