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AIB posts net income of $1.12 million in 2024

2025-03-17

According to the financial statements of the Arab Islamic Bank AIB for the year 2024, Net profit after tax of the period reached 1,121,736 USD Compared with Net profit after tax 5,519,706 USD for 2023, a net decrease in profit of 79.68%.Total assets of the company reached 1,708,402,875 USD compared with total assets of 1,738,370,083 USD at the end of year 2023, a net decrease of 1.72%.Total liabilities of the company reached 682,463,797 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) compared with total liabilities of 1,597,366,185 USD (including Total liabilities and restricted & unrestricted investments accounts of the bank ) at the end of year 2023, a net decrease of 57.27%. Net ownership equity of the company reached 142,893,969 USD compared with total owner equity of 141,003,898 USD at the end of year 2023, a net increase of 1.34%.