Sharjah Islamic Bank Profits Up 7 Per Cent

DUBAI - Sharjah Islamic Bank said its net profit in the first quarter grew by 7 per cent from a year ago to Dh85 million.

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Published: Mon 20 Apr 2009, 1:48 AM

Last updated: Sun 5 Apr 2015, 9:28 PM

The bank’s assets reached Dh15.7 billion, an increase by Dh143.3 million from end-December. Net customer receivables reached Dh10.1 billion compared to Dh10.2 billion in December

“The first quarter results for 2009 are considered good in light of the current financial downturn,” said Mohamed Abdullah, Chief Executive Officer of Sharjah Islamic Bank.

· business@khaleejtimes.com


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