23 Hrs
Source:
Sky News
Sharjah Islamic Bank earns 327M in nine months
Sharjah Islamic Bank achieved strong financial performance in the first nine months of 2026, with net profits increasing by 9% to approximately $327 million (1.2 billion AED), compared to $300 million in the same period of 2025. Income from financing and investment activities rose by 11.7% to 3.2 billion AED. Customer deposits also increased by 4.7 billion AED, reaching 60.4 billion AED. The bank also showed growth in total assets, reaching 100 billion AED, as it strengthened its financial position, continued expanding its business base, and maintained sustainable profit growth despite global economic challenges.
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