Annual Reports

عربي

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Annual Reports

2009
	Despite the unprecedented market volatility and provisions arising out of the private sector in Saudi Arabia, the bank managed to post a net profit of $10.1 million in 2009.
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2008
	ABC Islamic Bank’s core activity is the provision of a range of Shari’a-compliant financial solutions to institutional and corporate clients in the Arab and Islamic world and towards this corporate objective 2008 was another year of healthy growth. Despite the unprecedented market volatility, the bank enjoyed a record rise in operating revenues and profitability.
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2007
	ABC Islamic Bank’s core activity is the provision of a range of Shari’a-compliant financial solutions to institutional and corporate clients in the Arab and Islamic world and 2007 was another year of well-diversified growth.The Bank’s balance sheet assets increased 66% year-on-year from $823 million to $1.4 billion.
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2006
	The net profit for 2006 was US$5.3 million compared to US$3.7 million for 2005, while total assets rose from US$611 million to US$823 million. Milestones included the financing of the US$526 million Al Waha Petrochemical Complex, Saudi Arabia's first all Shari'a-compliant financing.
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ABC Islamic Bank announces US$1.8 million net profit for first quarter
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ABC Islamic Bank reports US$10.1 million net profit for 2009
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ABC Islamic Bank announces nine-month profit of US$6.4 million
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US$ 6.6 million half-year profit for ABC Islamic Bank
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