Sharjah Islamic Bank announced its 1st half 2009 results yesterday with net profit of AED 151.7 million, compared to 191.8 million achieved in the same period last year.
Net profit before distribution to depositors reached 309.3 million compared to 309.7 million for the same period last year.
The balance sheet grew since December 2008 with total Assets reaching AED 16.2 billion, customer deposits reached AED 9.8 billion since Dec 2008.
While Net customer receivables reached AED 10.0 billion compared to AED 10.2 million on dec’08