18 Jan 2021 - 8:19 The Peninsula Doha: Sheikh Jassim bin Hamad bin Jassim bin Jaber Al Thani, Chairman of Qatar Islamic Bank (QIB) announced yesterday that QIB has achieved net profit attributable to shareholders of QR3.065bn for the fiscal year 2020 compared to QR3.055bn for the year 2019, despite the impact of COVID-19 and the decline in oil prices. The Bank maintained the basic earnings per share at QR1.21. QIB Board of Directors proposed a dividend distribution to shareholders of QR0.40 per share i.e. 40 percent of the nominal share value, subject to approval of Qatar Central Bank and QIB’s General Assembly.