ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Sharjah Islamic Bank achieves record net profits of AED 841.5 million
SHARJAH/WAM The Sharjah Islamic Bank (SIB) registered robust growth, achieving a 31 percent surge in net profits to AED 841.5 million in 2023, compared to AED 650.9 million in 2022. Operating profits also witnessed a 23 percent rise, reaching AED 2 billion for 2023, up from AED 1.6 billion in the previous year. The net income resulting from financing and …
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