Sharjah
Islamic Bank posts $52 mn Q3 profit
Sunday, October 17, 2010 10:56:20 PM,
WAM
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Sharjah:
The Sharjah Islamic Bank Sunday posted a third quarter net profit
of 191.6 million dirhams (about $52 million).
The balance sheet grew since December 2009 with total assets
reaching 16.3 billion dirhams from 16 billion dirhams.
Liquid assets rose by 410.2 million dirhams to reach 3.6 billion
dirhams, up 22 percent, compared with 3.2 billion dirhams in
December.
Customer deposits reached 10 billion dirhams compared with 9.9
billion dirhams in December.
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