February 2009 Amman (Petra) - Jordan Islamic Bank (JIB) posted JD50 million in pre-tax profit during 2008. 52.6 per cent higher than the JD34.4 million in the previous year. A statement by JIB Director Musa Shihadeh, posted on the website of the Amman Sock Exchange, revealed that the bank's net earnings rose in the past year to JD83.5 million from JD56.9 million in 2007. At the end of last year, JIB's balance sheet totalled 1,848 billion, the statement said. © Jordan Times 2009 omar 1.1:zy
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