Al Sharjah Islamic reports 1.2B dirham net profit
During the first nine months of 2026, Sharjah Islamic Bank achieved net profits of 1.2 billion dirhams, a 9% increase compared to the same period in 2025. This growth was driven by increased income from financing and investment activities, as well as improved operational efficiency. Additionally, its total assets rose by 10.4% to reach 100 billion dirhams, and customer deposits increased by 4.7 billion dirhams to reach 60.4 billion dirhams, demonstrating effective liquidity management. Overall, the results reflect the bank’s robust and sustainable growth despite global economic challenges.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)