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Sharjah / WAM
The Sharjah Islamic Bank’s (SIB) net profit rose to AED290.5 million in first half of 2019 compared to AED283 million achieved during the same period last year, an increase of three percent. The banks total assets reached AED44.3 billion at end of first half of this year, bringing it to the same level as it was at the end of 2018.
On the asset side, the total customer financing reached AED24.7 billion in H1 of 2019, compared to AED24.1 billion at the end of 2018.