Arab Islamic Bank (XPAE:AIB) Tax Rate % : 123.36% (As of Dec. 2024)

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What is Arab Islamic Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Arab Islamic Bank's Tax Expense for the three months ended in Dec. 2024 was $-2.97 Mil. Arab Islamic Bank's Pre-Tax Income for the three months ended in Dec. 2024 was $-2.41 Mil. Therefore, Arab Islamic Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 123.36%.

Arab Islamic Bank Tax Rate % Historical Data

The historical data trend for Arab Islamic Bank's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Arab Islamic Bank Tax Rate % Chart

Arab Islamic Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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26.91

37.08

40.33

15.83

221.30

Arab Islamic Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															72.63	37.76	20.15	235.29	123.36

Arab Islamic Bank Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Arab Islamic Bank's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	-2.047	/	-0.925
	=	221.30 %

Arab Islamic Bank's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-2.973	/	-2.41
	=	123.36 %

Arab Islamic Bank Tax Rate % Related Terms

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Arab Islamic Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arab Islamic Bank (XPAE:AIB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 631, Al- Bireh, Ramallah, PSE

Website

http://www.aibnk.com

Arab Islamic Bank is an Islamic banking firm in Palestine that provides banking and investment services according to Islamic Shari'a. The bank operates through three segments including Retail banking, Corporate banking, and Treasury. Its Retail Banking segment is engaged in handling individual customers' deposits and providing them with Islamic financing and other services, and also is the major contributor to the bank. Its Corporate banking segment handles Islamic financing, deposits and current accounts for corporate and institutional customers. While its Treasury segment provides trading and treasury services and also manages Bank's funds and investments. The bank operates geographically in Palestine, Jordan, Israel and other countries, and earns major of its revenue from Palestine.

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