Abu Dhabi – Mubasher: Sharjah Islamic Bank on Sunday stated that it would hold an ordinary general meeting (OGM) on Saturday, 10 February, to discuss a proposal to distribute AED 0.08 per-share dividends for 2017.

Earlier in January, the board of the leading Islamic bank in the UAE recommended the distribution of AED 234.8 million dividends.

The Abu Dhabi Securities Exchange (ADX) listed bank reported a 7.2% increase in net profit to AED 118 million in the fourth quarter of 2017, compared to AED 127.2 million in the year-ago period.