Profits of Jordan Islamic Bank declined by 7.9% to JOD 22.72 million in the first half of 2014 compared to JOD 24.68 million in the first half of 2013.

As a result, earnings per share declined to JOD 0.151 in the first half compared with JOD 0.165 in the same half last year.

Financial statement of the company clarified that revenues decreased by 3.37% to JOD 65.6 million against JOD 67.9 million in the first half of 2013.

Moreover, the company’s profits plunged by 13.87% to JOD 12.29 million in the second quarter this year against JOD 14.27 million in the same quarter of the last year.