Islamic Holding Group’s net profit up 40pc in Q1

April 09, 2014 - 2:06:22 am

DOHA: Islamic Holding Group, one of Qatar’s leading Shariah-complaint investors, reported a net profit of QR2.96bn for the first quarter of 2014, up 40 percent, compared to QR2.11bn in the corresponding period in 2013. 

Dr Yousef Ahmed Al Neamah (pictured), Chairman and Managing Director of the group, during a meeting of the board of directors, said: “The company recorded a strong performance, and these positive results are indicator of growth potential, according to the opportunities available.”

Dr Yousef added: “In the sense of optimism that the local economy is witnessing in all fields, especially the Qatar Exchange, we seek to discover new opportunities for investment, achieving better growth an adequate return for the shareholders.”

The Peninsula

comments powered by Disqus