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JDIB quarterly profits jump 49.5%

JDIB quarterly profits jump 49.5%
Photo Credit: Arabianeye-Reuters
Safwa Islamic Bank
SIBK
2.00% 2.04 0.04

Doha-Mubasher: Jordan Dubai Islamic Bank (JDIB) posted a 49.5% profit growth to JOD 651,150 ($917,800) during the first quarter of 2015, compared to JOD 435,670 ($614,100) during the same quarter of 2014.

JDIB reported a profit of JOD 1.92 million in 2014, compared to JOD 1.47 million in 2013, registering a rise by 31%.

The bank’s capital amounts to JOD 100 million, distributed on 100 million shares at JOD 1 par value each.