IslamicFinance.de

European Islamic Investment Bank plc ('EIIB-Rasmala'), the London-listed asset management and financing group focused on the growth markets of the Gulf Cooperation Council (GCC), has announced its full year financial results for the year ended 31 December 2014. The total operating income was US$16.4 million compared to US$15.4 million a year before. Profit before tax from continuing operations was US$2.3 million (2013: US$2.23 million). Total assets under management (AUM) stood at US$1.11 billion. EIIB-Rasmala expects to invest about US$1 billion in broad mix of property transactions and grow the leasing and alternatives business to over US$1.5 billion in the next 24 months.