The balance sheet grew since December 2011 with total Assets reaching Dhs18.3bn compared with Dhs17.7bn which is 3.3%.
Net customer receivables reached Dhs10.7bn compared to Dhs10.4bn on December 2011 with an increase of 3.1% and customer deposits reached Dhs11.3bn, compared with Dhs10.4bn with an increase of 9.0% since December 2011.
Total shareholder equity amounting to Dhs4.4bn represents 24.3% of the total assets and total liquid assets reached Dhs4.2bn which represents 22.7% of the total assets reflecting the bank's strong financial position.
The Directors propose to the Shareholders a cash dividend of 6% of the par value of share (Dhs0.06 per share) amounting to Dhs145.5m. (compared to cash dividend of Dhs145.5m Dhs0.06 per share on 2011).
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Sharjah Islamic Bank announces Dhs272.0m for year of 2012
- United Arab Emirates: Thursday, January 17 - 2013 at 14:13
- PRESS RELEASE
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Sharjah Islamic Bank announced its 2012 results with net profit of Dhs272.0m, compared to Dhs251.1m achieved last year with an increase of 8.3%.
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Posted by Siba Sami AmmariThursday, January 17 - 2013 at 14:13 UAE local time (GMT+4)
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