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25 April 2024

Qatar Islamic Bank sees 14.3% decline in profit

Qatar Islamic Bank sees 14.3% decline in profit. (AFP)

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By Staff Writer

Qatar Islamic Bank (QIB), the Gulf state's second biggest lender by market value, reported a 14.3 per cent drop in first-quarter earnings. The bank made a net profit of QR300m (Dh302.53m) in the quarter.