Home Industry Finance Qatar Islamic Bank 9-Month Net Profit Rises 12.8% The Islamic lender made a net profit of QAR1.1 billion ($300 million) during the period, a company statement said, up from QAR975.1 million in the same period a year ago. by Reuters October 20, 2014 Qatar Islamic Bank (QIB), the Gulf state’s largest sharia-compliant lender by assets, reported a 12.8 per cent jump in nine-month net profit on Monday. The Islamic lender made a net profit of QAR1.1 billion ($300 million) during the period, a company statement said, up from QAR975.1 million in the same period a year ago. The bank did not provide a breakdown of third-quarter earnings. Analysts on average forecast the lender would make a net profit of QAR378.05 million for the period in a Reuters poll. 0 Comments