Safwa Islamic Bank reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest loss was JOD 2.99 million compared to net interest income of JOD 2.45 million a year ago. Net income was JOD 4.01 million compared to JOD 3.93 million a year ago. Basic earnings per share from continuing operations was JOD 0.04 compared to JOD 0.039 a year ago.
For the nine months, net interest loss was JOD 3.12 million compared to net interest income of JOD 8.63 million a year ago. Net income was JOD 12.21 million compared to JOD 11.52 million a year ago. Basic earnings per share from continuing operations was JOD 0.122 compared to JOD 0.115 a year ago.