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Sharjah Islamic Bank announces Dhs208.7m for the nine months of 2012

  • United Arab Emirates: Wednesday, October 17 - 2012 at 13:31
  • PRESS RELEASE

Sharjah Islamic Bank announced its nine months of 2012 results yesterday with net profit of Dhs208.7m, compared to Dhs204.7m achieved in the same period last year with an increase of 2%.

The balance sheet grew since December 2011 with total Assets reaching Dhs17.9bn compared with Dhs17.7bn which is 1.0%.

Net customer receivables reached Dhs10.5bn compared to Dhs10.4bn on Dec 2011 with an increase of 1.0% and customer deposits reached Dhs11.2bn, compared with Dhs10.4bn with an increase of 7.6% since Dec 2011.

Total shareholder equity amounting to Dhs4.4bn represents 24.9% of the total assets and total liquid assets reached Dhs3.9bn which represents 21.9% of the total assets reflecting the bank's strong financial position.
 
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