Wednesday 25 July 2012

Business - Sharjah Islamic Bank profit rises 21% to Dh149.2m in H1

Sharjah Islamic Bank first-half 2012 profits posted on 21% increase to reach Dh149.2 million, compared to 123.3 million achieved in the same period last year.
The balance sheet grew by 2.2 per cent since December 2011 with total assets reaching Dh18.1 billion. Net customer receivables reached Dh10.6 billion rising by Dh142.8 million (or 1.4 per cent) while customer deposits reached Dh10.8 billion rising by Dh 385.8 million(or 3.7 per cent) growth since Dec 2011.
Liquid assets were stable at Dh 4.1 billion or 22.7 per cent of the balance sheet at the end of June 2012 compared to a similar 4.1 billion or 23.2 per cent of the balance sheet at the end of 2011.

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