Masraf Al - Rayan, Qatar’s largest Islamic bank by market value, has disclosed its interim financial statements for the period ending September 30, 2014.

The statements revealed that the Qatari lender net profit was boosted by 16% as it recorded QAR1.4 billion, against QAR1.2 billion in the same period of preceding year.

The bank’s Earnings per Share (EPS) amounted to QAR1.902 for the period ended September 30, 2014 versus QAR 1.667 for the corresponding period in 2013.