Mubasher: The Arab Islamic Bank (AIB) achieved a 7.3% growth in profits during the second quarter this year as compared to the same period of 2015.

Earnings increased to $1.48 million in Q2-16 from $1.38 million in Q2-15, according to a bourse statement.

During the first half this year, profits reached $3.03 million, 12.2% higher from $2.7 million registered in H1-15.

Net revenues from commissions rose 10% to $1.11 million in H1-16 from $1.01 million in H1-15, AIB added.