Pakistan & Middle East's leading
Business Web Portal

News Business

Loading the player...

Sharjah Islamic Bank net profit's H1 2016 at AED 257 mln

In a press release, the bank said its total assets stood at AED 29.8 billion at the end of the second quarter of 2016, compared to AED 29.9 billion at the end of 2015.
Liquid assets reached AED 6.4 billion or 21.5 % of total assets at the end of the 2nd Quarter 2016. Net customer receivable reached AED 15.8 million at the end of the 2nd quarter 2016 compared to AED 16.3 billion at the end of 2015, the bank added.
Investment securities surged by 48.9 per cent to reach AED 3.5 billion compared to AED 2.4 billion at the end of 2015.
The SIB's customer deposits reached AED 17.5 billion, up AED 526.3 million or 3.1 percent when compared to AED 17.0 billion at the end of 2015.

view moreEvents

view moreInterviews

view moreIslamic Finance Education