63 Days
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الشارقة 24
Sharjah Islamic Bank reports net profits of 803.9 million Dirhams
During the first half of 2026, the Sharjah Islamic Bank achieved a net profit of 803.9 million Dirhams, representing a 15.3% increase compared to the same period in 2025. Revenue from Islamic financing and Sukuk rose by 12.1% to approximately 2.1 billion Dirhams, while total operating income grew by 20.5% to around 1.4 billion Dirhams. The bank continued to improve asset quality and reduced non-performing financing to 3.6%. Additionally, the bank's assets increased by 4.7% to reach 94.5 billion Dirhams, with customer deposits rising by 6.6%.
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