JD 11.3 million Jordan Islamic Bank's

Net Profit for the first quarter of 2008

H.E. Mr. Musa Shihadeh, Vice-Chairman & General Manager, declared that Bank's financial results for the first quarter of 2008 signifies a positive indicator. The Bank's net profit till 31/3/2008 has raised to JD (11.3) million before tax compared to JD (8.7) million for the same period of the previous year with an increase of JD (2.6) million recording a growth of (30%).

As a result, the shareholding equities have been increased at the end of 2008 to reach about JD (141) million compared to JD (133) million as of 31/12/2007. The Bank's assets including the Managed Accounts till 31/12/2008 have reached about JD (2.1) billion against JD (1.9) billion at the end of 2007 increased by about JD (146.5) million with a growth of (7.6%) which confirms the Bank's continuous development and growth to promote its position in the banking sector.