Sharjah Islamic Bank reports AED 1.1 bn net income for 2024
The lender’s topline rose 10.4% y-o-y to AED 2.2 bn
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The lender’s topline rose 10.4% y-o-y to AED 2.2 bn
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Kuwait’s largest lender will sell its 18.2% stake at AED 2.2 apiece
Total non-interest income fell 2.9% q-o-q
Sharjah Islamic Bank (SIB) took a five-year USD 500 mn sukuk issuance to market, Wam reports. The issuance was priced…
The sukuk will be issued under the bank’s trust certificate issuance program
The top 10 banks saw their net income surge 9.3% q-o-q
The lender’s net income stood at 259.7 mn during the quarter, up 11.4% y-o-y
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