Albaraka Türk 2008 net rises 60 pct

March 03 2009 17:01:31

Albaraka Türk 2008 net rises 60 pct

Bloomberg

Albaraka Türk Katilim Bankası, a participation bank that adheres to Islamic finance rules, said net income last year jumped 60 percent to 136.2 million Turkish Liras ($79 million) as revenues from participations surged, according to a filing with the Istanbul Stock Exchange Monday night.

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