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Jordan’s Islamic Insurance Q3 profits up 9%

Jordan’s Islamic Insurance Q3 profits up 9%
Profits increased 3.3% in nine months - (Photo Credit: Arabianeye-Reuters)
Islamic Insurance
TIIC
0.61% 1.65 0.01

Mubasher: The Islamic Insurance Company reported an 8.7% rise in profits in the third quarter of 2016 to JOD 454,040 ($639,220) compared to JOD 417,800 ($588,200) in the same quarter last year.

Profits also grew 3.3% in the first nine months of 2016 to JOD 1.57 millon from JOD 1.52 million in the same period last year, according to the company’s statement to the Amman Stock Exchange (ASE) on Monday.