Mubasher: Bahrain Islamic Bank’s profits for the third quarter of fiscal 2016 rose by 221% to BHD 1.20 million ($3.2 million), versus BHD 374,000 ($984,110) for Q3-15.
Net profit for the first nine months of 2016, however, declined by 50% to BHD 4.28 million from BHD 8.6 million for the same period of 2015, according to a bourse filing.
The bank earlier reported a net profit of BHD 1.37 million for Q2-16, 73.1% down from BHD 5.1 million for Q2-15.
