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Wednesday, November 20, 2024

Home Islamic Sharjah Islamic Bank’s net profit up 26.7% in 2021

Sharjah Islamic Bank’s net profit up 26.7% in 2021

by News desk
February 4, 2022
in Islamic

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Sharjah Islamic Bank reported a 26.7 percent increase in net profit for 2021 on the back of a stable growth strategy.

Net profit for the 12 months ended December 31, 2021 reached 514.1 million dirhams ($139.9 million), compared to 405.8 million a year earlier, the UAE-based lender said in a filing to the Abu Dhabi Securities Exchange (ADX). —Zawya