Sharjah Islamic Bank reports $52m net profit

18 October 2010

Sharjah Islamic Bank has announced that its profits in the first nine months of the year reached AED191.6m.

Sharjah islamic Bank has announced that profit int he third quarter was $52m, and its balance sheet grew since December 2009 with total assets reaching AED16.3bn compared with AED16.0bn, the bank said. Total liquid assets increased by AED410.2m 12.9 per cent to reach AED3.6bn.

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