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 financing and investment products amounted to AED 812.27 million in the January-September period of 2021, compared to AED 698.36 million in the corresponding period of 2020, as per the company's consolidated interim financial results for the nine-month period ended 30 September 2021.

Meanwhile, the net operating income before impairment provision increased by 29.3% to AED 652.86 million in the first nine months of 2021 from AED 504.76 million in the same period of 2020.

The bank's assets reached AED 54.51 billion as of 30 September 2021, compared to AED 53.6 billion as of 31 December 2020.

The earnings per share (EPS) settled at AED 0.15 in the January-September period of 2021, compared to AED 0.11 in the year-ago period.