OREANDA-NEWS.  Qatar Islamic Bank (QIB) discloses the financial statements for the year ended December 31, 2014. The financials revealed a net profit of QR 1.6 Billion in 2014 versus QR 1.3 Billion in 2013 .

The Earnings per Share (EPS) amounted to QR 6.78 in 2014 compared to QR 5.65 in 2013. The Board of Directors recommended a distribution of cash dividend of 42.5% of the nominal share value (QAR 4.25 per share) .

The financial results for 2014 along with the profit distribution are subject to Qatar Central Bank approval.