The Arab Islamic Bank achieved net profits after tax amounting to $7,359,024 million for the first half of 2022, compared to profits amounting to $6,110,435 million for the same period last year, achieving a growth of 20.4%, mainly due to the remarkable growth in the bank’s operating revenues.

In terms of other financial indicators, the bank's assets amounted to $1,683,842,371, while the net balance of direct credit financing amounted to $996,700,970, while the total customer deposits amounted to $1,399,071,516, in order for the bank to maintain its distinguished market shares and the solidity of its financial performance to be the third bank in the banking sector. In terms of market shares, on the level of assets, its market share amounted to about 8%, and on the level of direct financing, it amounted to about 9.4%, and on the side of customer deposits, it was about 8.6%. On the property rights side, it amounted to $134.3 million, compared to $130.9 million at the end of 2021, an increase of 2.52%. Noting that the paid-up capital increased from $91.7 million in 2021 to $96.2 million this year, an increase of 4.91%, as a result of the Bank distributing bonus shares to its shareholders during the General Assembly meeting, in addition to cash distributions.

In turn, Chairman of the Board of Directors Rushdi Al-Ghalayini commented that this outstanding performance during the first half of 2022 confirms the bank's commitment to providing the best Islamic banking products and services to our valued customers, and providing them with added value. The balanced bank represented in diversifying investment portfolios and increasing the efficiency of operational operations, which led the bank to enhance the quality of assets and improve credit management practices. for our society and economy.

For his part, the General Manager of the Arab Islamic Bank, Hani Nasser, explained that these results represent a success for the bank, and this success will be a starting point for achieving more ambitious goals during the coming period, God willing, as the bank works to develop its services and introduce new banking products that keep pace with the development in the banking sector and meet the needs of And the aspirations of customers, especially digital banking services, which facilitate access to service and save time and effort, as the bank has taken advanced steps in this field through the diversity of electronic services provided such as mobile banking, online banking services, points of sale, and electronic branches. The General Manager also thanked the customers for their confidence in the bank, wishing that the bank would always be their first banking choice.