BKIZ
alizz islamic bank SAOG announces its initial unaudited results for the quarter ended 30 June 2015 as follows:
For the period ended 30 June 2015 |
For the period ended 30 June 2014 |
|
Financing receivables |
140,115,461 |
27,244,160 |
Total assets |
188,651,610 |
101,618,331 |
Total deposits |
96,614,839 |
5,286,333 |
Shareholders’ equity |
88,265,014 |
94,263,982 |
Total income |
2,319,005 |
754,864 |
Total expenses |
(5,155,408) |
(3,539,729) |
Net loss for the period |
(3,053,457) |
(2,647,570) |
The above results are un-audited and remain subject to approval by the Board of Directors in their meeting scheduled on 29th July 2015 after which final results will be released.