BKIZ
alizz islamic bank SAOG announces its initial unaudited results for the quarter ended 31 March 2015 as follows:
|
For the quarter ended 31 March 2015 |
For the quarter ended 31 March 2014 |
Financing receivables |
112,673,776 |
20,712,940 |
Total assets |
164,632,957 |
100,439,260 |
Customer current accounts |
24,750,791 |
1,692,761 |
Equity of unrestricted investment account holders |
14,202,286 |
1,293,178 |
Shareholders’ equity |
89,844,794 |
95,423,174 |
Total income |
1,064,014 |
362,909 |
Total expenses |
(2,374,076) |
(1,654,200) |
Net loss for the period |
(1,573,238) |
(1,473,238) |
The above results are un-audited and remain subject to approval by the Board of Directors in their meeting scheduled on 26th April 2015 after which final results will be released.