Sharjah Islamic Bank has reported net profit of Dhs67.5m for the first quarter of 2010, compared to Dhs85m achieved in the same period last year. Total assets stood at Dhs6.2bn compared to Dhs16bn, while total shareholder equity amounted to Dhs4.2bn, representing 26% of the total assets, the Shari'ah-compliant lender said.
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