Sharjah Islamic Bank PJSC (NBS)

Abu Dhabi – Mubasher: The net profits attributable to the owners of Sharjah Islamic Bank hit AED 259.65 million in the first quarter (Q1) of 2024, an annual growth from AED 233.06 million. Total operating income jumped to AED 504.74 million in …

Abu Dhabi – Mubasher: Sharjah Islamic Bank generated net profits amounting to AED 851.54 million in 2023, marking a 30.80% increase from AED 650.91 million in 2022. The earnings per share (EPS) stood at AED 0.23 at the end of 2023, compared with …

Abu Dhabi – Mubasher: Sharjah Islamic Bank registered net profits valued at AED 767.30 million during the first nine months (9M) of 2023, an annual increase of 34.90% from AED 568.60 million. The total operating income climbed by 22.80% to AED …

Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Sharjah Islamic Bank hit AED 233.06 million in the first quarter (Q1) of 2023, an annual surge of 24.60% from AED 187.01 million. The total operating income increased by …

Abu Dhabi – Mubasher: The shareholders of Sharjah Islamic Bank agreed to disburse AED 308.15 million as cash dividends, representing 10% of the paid-up capital. The last entitlement and payment dates for the dividends will be on 6 and 27 March …

Abu Dhabi – Mubasher: Sharjah Islamic Bank logged net profits of AED 650.91 million during 2022, marking a 26.6% year-on-year (YoY) increase from AED 514.07 million. The earnings per share went up to AED 0.21 in 2022 from AED 0.17 in 2021, …

Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Sharjah Islamic Bank (SIB) reached AED 568.60 million in the first nine months (9M) of 2022, an annual hike of 24.10% from AED 458.02 million. The net income from financing …

Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) recorded a 25% year-on-year (YoY) rise in its net profits attributable to the shareholders to AED 361.87 million in the first half (H1) of 2022 from AED 289.49 million, according to the bank's …

Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) posted a 26.7% year-on-year (YoY) increase in the net profits attributable to the shareholders to AED 514.07 million in 2021, compared to AED 405.83 million in 2020, according to the bank's …

Abu Dhabi – Mubasher: The board of Sharjah Islamic Bank (SIB) has approved an increase in the foreign ownership limit to 40% to enhance its international classification. This decision is subject to the approval of the bank's ordinary general …

Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) recorded AED 458.02 million net profits attributable to the shareholders during the first nine months of 2021, up 29.6% from AED 353.38 million in the year-ago period. The bank's net income from …

Abu Dhabi – Mubasher: Capital Intelligence Ratings (CI Ratings) has affirmed Sharjah Islamic Bank's (SIB) long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) at 'A-' and 'A2', respectively, with a stable …

Abu Dhabi – Mubasher: Moody's Investors Service (Moody's) has downgraded Sharjah Islamic Bank’s (SIB) local and foreign currency long-term issuer ratings to Baa1 from A3, with a negative outlook. The rating agency has also downgraded the bank's …

Abu Dhabi – Mubasher: Fitch Ratings has affirmed Sharjah Islamic Bank’s (SIB) long-term issuer default rating (IDR) and viability rating (VR) at 'BBB+' and 'bb+', respectively, with a stable outlook.  The rating is supported by a high probability …

Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) reported a 6.8% increase in net profits attributable to the shareholders to AED 164.2 million during the first quarter (Q1) of 2021, compared to AED 153.7 million in the same quarter of 2020, …

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Sharjah Islamic Bank (SIB) has approved to pay out cash dividends, equivalent to 8% of the issued capital. The cash dividend distribution aggregates at a total amount of AED 246.527 …

Abu Dhabi – Mubasher: The net profits of Sharjah Islamic Bank (SIB) decreased by 25.6% to AED 405.83 million in 2020 from AED 545.53 million in 2019, according to the preliminary financials for the period ended on 31 December 2020. The bank's net …

UAE – Mubasher: The total assets of ten Emirati banks jumped by 11.4% to AED 2.681 trillion during the first nine months of 2020, when compared to the same period of 2019, according to the Emirates News Agency (WAM). The ten banks comprise First …

Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) recorded AED 353.38 million net profits attributable to the shareholders during the first nine months of 2020, down 14.9% from AED 415.41 million in the corresponding period of 2019. Lower net …

Abu Dhabi – Mubasher: The consolidated interim financial results of Sharjah Islamic Bank (SIB) recorded net profits of AED 251.2 million during the first half (H1) of 2020, down 13.5% from AED 290.5 million in the corresponding half of 2019. Lower …

Abu Dhabi – Mubasher: Nasdaq Dubai has welcomed Sharjah Islamic Bank's listing of a $500 million Sukuk to support its activities and strategic development. Oversubscribed 7.2 times, the five-year Sukuk has attracted 150 regional and international …

Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) successfully issued five-year Sukuk worth $500 million (AED 1.83 billion), which was 7.2 times oversubscribed, according to the Emirates News Agency (WAM). The Sukuk saw strong demand from local and …

Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) has hired banks to sell benchmark US dollar-denominated Sukuk, which would be valued at $500 million, sources reportedly told Reuters. The $500-million projected size of the issuance could increase …

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Sharjah Islamic Bank has approved distributing 10% of the capital as cash dividends and bonus shares for fiscal year 2019. The 5% distribution of the cash dividends stands at 5 fils per …

Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) posted a 7% year-on-year profit increase during the fiscal year 2019, the Emirates News Agency reported on Saturday. The bank’s net profit grew to AED 545.5 million in 2019, compared to AED 510.4 …