Wednesday 23 April 2014
 
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Masraf Al Rayan

Masraf Al Rayan Q4 profit up 7.6pc

Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, posted a 7.6 percent increase in fourth-quarter net profit on Monday, Reuters calculated. The lender made around 470 million riyals ($129.1 million) of ne

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Masraf Al Rayan buys Islamic Bank of Britain

Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, said on Thursday it had completed its acquisition of Islamic Bank of Britain (IBB). Al Rayan did not disclose the terms of the purchase. IB

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Masraf al Rayan Q2 net profit up 13.3pc

Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, posted a 13.3 per cent increase in its second-quarter net profit, Reuters calculations show, edging ahead of analysts' forecasts. Net profit for the s

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Qatar's Masraf al Rayan Q1 net up 13pc

Qatar's largest Islamic lender by market value Masraf al Rayan has reported a 13.2 per cent increase in its first-quarter net profit, beating analysts' expectations. The net profit for the three months to the end of March

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Qatar's Masraf Al Rayan eyes Libya bank

  Masraf Al Rayan, Qatar's largest Islamic lender by market value, is seeking shareholder approval to buy a strategic stake in a Libyan commercial bank through a capital increase, it said on Mon

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QSTec wins funding for $1bn polysilicon plant

Qatar Solar Technologies (QSTec) said it has secured financing from country's leading Islamic bank Masraf Al Rayan for its ambitious $1 billion polysilicon manufacturing plant project. QSTec is a joint venture between Qatar Solar,

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Masraf Al Rayan 9-month profit hits $275m

Qatar's Masraf Al Rayan posted a net profit of QR1 billion ($274.6 million) in the first nine months of the year, compared to QR911.5 million in the year-ago period, a statement on the country's news agency said.

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Masraf Al Rayan H1 net profit hits $190m

Masraf Al Rayan (MAR), a leading Islamic bank in Qatar, has achieved a net profit of QR691 million ($189.7 million) in the first half of the year, an increase of 14 per cent compared to the net profit of QR605 million from the same period of 2010.

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Masraf Al Rayan net surges 37.5pc

Masraf Al Rayan, the fourth biggest lender in Qatar, said its full-year net profit for 2010 surged 37.5 per cent to QR1.21 billion ($332.3 million) compared to QR880.7 million the previous year. The Qatari lender saw its net profit climb a

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Masraf H1 net profit up 55pc

Masraf Al Rayan, one of the leading Islamic banks in Qatar, said its net profit in the first half surged to QR605 million ($166 million), up 55.5 per cent when compared to the same period last year. The bank said its total assets rose to Q

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