Browsing: customer financing

Emirates Islamic announced a record profit before tax of AED 3.1B marking a 46% increase compared to the previous year.

Sharjah Islamic Bank (SIB) reported exceptional financial performance for the year ending 31st December 2024, achieving significant growth. The bank’s net profit before tax rose by 36.5% to AED 1.15B, with net profit after tax increasing by 24.5% to AED 1.05B. This marks the first time SIB’s net profit has exceeded AED 1B, reflecting its ability to expand and diversify operations in both local and international markets.