Cairo-Mubasher: Qatar Islamic Bank (QIB) announced in a bourse filing that the ordinary general meeting approved a cash dividend of 42.5% (QAR 4.25 per share), amounting to QAR 1.004 billion ($275.7 million) for 2014.


It is worth highlighting that the Bank’s profit reached QAR 2.36 billion, distributed on 236.29 million shares.
 

QIB has reported a profit growth by 20% to QAR 1.6 billion ($439.2 million) during the fiscal year (FY) 2014, compared to figure from FY 2013.