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FINANCIAL NEWS
Kuwait Finance House revenue grows by 20.5pct
02 Nov 2016
(MENAFN) Kuwait Finance House, the country’s main Islamic lender, recorded a 20.5 percent increase in Q3 net profit.
Additionally, net profit rose to USD172.9mn in the cited period, from 43.4mn dinars in the same period of 2015.
Amid the quarter, finance income rose to 199.4mn dinars, up from 176.6mn in the earlier period.
In addition, investment income edged up to 14.4mn dinars, compared to 9.9mn dinars in the same period of 2015.
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