Kuwait Finance House 2012 net profit up 9 percent

KUWAIT Sun Feb 17, 2013 9:23am EST

KUWAIT Feb 17 (Reuters) - Kuwait Finance House (KFH) , the Gulf Arab state's biggest Islamic lender, reported a nine percent rise in full-year net profit on Sunday.

Net profit was 87.7 million Kuwaiti dinars ($311 million)compared to 80.3 million dinars in the same period a year ago, the lender said in an emailed statement. ($1 = 0.2823 Kuwaiti dinars) (Reporting by Ahmed Hagagy, Editing by William Maclean)