Home Industry Finance Qatar’s Masraf Al Rayan Q2 Profit Rises 12.1% The Islamic lender’s net profit for the three months to June 30 was $129.5 million. by Reuters July 22, 2014 Masraf Al Rayan, Qatar’s largest Islamic lender by market value, reported a 12.1 per cent increase in second-quarter net profit on Tuesday, beating analysts’ expectations. Net profit for the three months to June 30 was QAR471.6 million ($129.5 million) compared to QAR420.6 million in the same period a year ago, Reuters calculated based on its first-half financial statement. Analysts polled by Reuters had on average forecast a net profit of QAR442.3 million for the period. The lender said its net profit for the opening six months of 2014 was QAR904 million, up 10.1 per cent from a year ago. 0 Comments