Islamic holding reveals net profit of QR 6m

Islamic Holding Group disclosed the financial statements for the year ended December 31, 2012. The financials revealed a net profit of QR 6 Million in 2012 versus QR 4.6 Million in 2011, the company said in a statement. The Earnings per Share (EPS) amounted to QR 1.51 in 2012 compared to QR 1.16 in 2011. The Board of Directors recommended a distribution of cash dividend of 15% of the Paid-up capital of shares (by QR 1.125 per share). Islamic Holding Group, formerly Islamic Financial Securities Company, is an Islamic Brokerage company providing all brokerage services according to Islamic Shari'a provisions.