Qatar bank Masraf al-Rayan posts 19.7 pct Q3 net profit gain | Reuters:
"Masraf al-Rayan, Qatar's largest sharia-compliant bank by market value, posted a 19.7 percent increase in its third-quarter net profit, Reuters calculations show, beating the average forecast of analysts.
Net profit for the three months to Sept. 30 was 429 million riyals ($117.8 million), compared with 358.3 million riyals in the same period a year ago, Reuters calculated based on the bank's previous financial statements.
Six analysts polled by Reuters, on average, had forecast a net profit of 415.2 million riyals for the quarter."
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