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SIB profit declines by 17%
- United Arab Emirates: Wednesday, April 18 - 2007 at 06:53
Sharjah Islamic Bank is reporting a 17% decline in profit for Q1 2006 to $13.9m, Gulf News reported. Shareholder equity fell 5.7% to $544m. Assets held by the bank have grown 5% to $2.18bn since the start of the year. The bank is listed on the Abu Dhabi Securities Market.
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James McInerney, News EditorWednesday, April 18 - 2007 at 06:53 UAE local time (GMT+4)
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This article was updated on Tue May 01 2007.
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