PHOTO
Qatar Islamic Bank (QIB), the largest Islamic bank in the GCC member state, posted a 5.3% year-on-year (YoY) rise in net profit to 2.18 billion riyals ($599 million) for H1 2025.
Total income for the six-month period was QAR 5.64 billion, the Qatar Stock Exchange-listed bank said on Wednesday.
Total assets as of end-June stood at QAR 212.1 billion, up 5.6% from QAR 200.8 billion as of end December 2024.
(Writing by Brinda Darasha; editing by Daniel Luiz)
