IslamicFinance.de

Qatar-based Islamic Holding Group 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, Chairman and Managing Director of the group, said during a meeting of the board of directors that these positive results are an indicator of growth potential. He added that there was a sense of optimism, especially at the Qatar Exchange. The group seeks to discover new opportunities for investment, achieving better growth and adequate return for the shareholders.