Abu Dhabi – Mubasher: Sharjah Islamic Bank logged net profits amounting to AED 1.04 billion in the 12-month period that ended on 31 December 2024, an annual rise of 24.50% from AED 841.54 million.
Net operating income reached AED 1.40 billion last year from AED 1.28 billion in 2023, while the earnings per share (EPS)increased to AED 0.30 from AED 0.23.
Total assets hit AED 79.21 billion in 2024, up 20.20% year-on-year (YoY) from AED 65.87 billion.
The ADX-listed lender registered customers’ deposits valued at AED 51.80 billion at the end of December 2024, higher by 14.50% YoY than AED 45.20 billion.
In the nine-month period that ended on 30 September 2024, the net profits attributable to the owners of Sharjah Islamic Bank stood at AED 902.52 million, an annual growth of 17.60% from AED 767.30 billion.
