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AIB achieves a net income of $2.72 million in 9M 2013

2013-10-27

According to Arab Islamic Bank data for the first nine months of the year, net profit after taxes reached 2,725,899 USD, compared with a net loss of (493,372) USD from the first nine months of 2012. Total assets of the company reached 428,649,391 USD as of September 30^th, 2013, compared to total assets of 373,898,769 USD as of December 31^st, 2012, a net increase of 14.6%. Total liabilities and restricted & unrestricted investments accounts of the company reached 388,243,392 USD as of September 30^th, 2013, compared to total liabilities and restricted & unrestricted investments accounts of 333,746,572 USD as of December 31^st, 2012, a net increase of 16.3%. Net ownership equity of the company reached 60,391,509 USD as of September 30^th, 2013, compared with a net ownership equity of 57,632,968 USD as of December 31^st, 2012, a net increase of 4.8% in the first nine months.