Palestine Islamic Bank (XPAE:ISBK) Tax Rate % : 51.47% (As of Dec. 2024)

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What is Palestine Islamic Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Palestine Islamic Bank's Tax Expense for the three months ended in Dec. 2024 was $-1.12 Mil. Palestine Islamic Bank's Pre-Tax Income for the three months ended in Dec. 2024 was $-2.17 Mil. Therefore, Palestine Islamic Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 51.47%.

Palestine Islamic Bank Tax Rate % Historical Data

The historical data trend for Palestine 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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Palestine Islamic Bank Tax Rate % Chart

Palestine Islamic Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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30.29

28.63

28.93

28.65

1.94

Palestine 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															-6.46	26.74	8,218.18	1,402.60	51.47

Palestine Islamic Bank Tax Rate % Calculation

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

Palestine 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 )
	=	0.02	/	1.029
	=	1.94 %

Palestine 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 )
	=	-1.117	/	-2.17
	=	51.47 %

Palestine Islamic Bank Tax Rate % Related Terms

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Palestine Islamic Bank Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 2106, Ramallah - Al Masyoun, PSE

Website

http://www.islamicbank.ps

Palestine Islamic Bank offers personal, business, and investment banking products and services to customers in Palestine. It is engaged in baking, finance, commercial and investment services in accordance with the provisions of Islamic Sharia.

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