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- Oil Updates - crude edges up on potential US tariff exemptions on cars
- Saudi inflation holds at 2.3% in March amid rising housing and food prices
- Saudi real estate prices rise 4.3% in Q1 on residential sector gains: GASTAT
- Dukhan Bank launches new House Finance campaign
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- Dhofar unveils key projects to boost tourism, economy
- QSE index closes 0.28 percent higher
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Total assets up 12.4 per cent in nine months period
23/10/2014 05:33 AST
Sharjah Islamic Bank (SIB) announced Dh295 million net profits, up 33.5 per cent for the first nine months of 2014 compared to Dh221 million achieved in the same period last year.
Net customer facilities reached Dh13.9 billion rising by a 11.3 per cent since December 2013 and customer deposits reached Dh14.2 billion rising 18.9 per cent from year end 2013.
SIB's total assets grew 12.4 per cent to reach Dh24.4 billion at the close of the third quarter of this year from the year end 2013.
Liquid assets were at Dh5.7 billion or 23.4 per cent of the total assets as at September 30, 2014 compared to Dh5.1 billion or 23.6 per cent at the year end 2013. SIB shareholder's equity of 4.6 billion represents 18.6 per cent of the total balance sheet footing; maintaining a strong capital adequacy ratio of 25.3 per cent by the end of September 2014 reflecting the bank's strong capital base and strong financial position.
Gulf News
07/07/2016
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Emirates Insurance Company P.S.C. (EIC) (United Arab Emirates). The outlook for each rat
Business Wire
23/10/2014
Emirates Islamic (EI), the Islamic Bank belonging to Emirates NBD group reported a net profit of Dh256 million net profit for the first 9 moths of 2014.
The bank continued to deliver healthy
Gulf News
17/06/2014
The nomination committee of Emirates Insurance Co announced on Monday that it has reviewed the credentials of the nominees to fill the two vacant board positions. The election will take place during
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.90 | 0.10 (0.02 |
| FAB | 13.64 | 0.38 (2.86 |
| EMIRATESNBD | 20.15 | 0.90 (4.67 |
| ADCB | 10.30 | 0.04 (0.38 |
| EIB | 12.25 | 0.00 (0.00 |
15/04/2025
Dukhan Bank, Qatar's leading provider of Sharia-compliant financial solutions, has launched a new House Finance campaign offering customers exclusive benefits, including a competitive profit rate as
The Peninsula
15/04/2025
Doha Bank, one of Qatar's leading financial institutions, has announced an exclusive partnership with Ox Fitness Lab, to provide its premium credit card customers with complimentary access to a growi
The Peninsula
15/04/2025
Qatar National Bank (QNB) announced Monday it had received approval from Qatar Financial Markets Authority (QFMA) to extend its share buyback for another year or until the completion of the approved
QNA
15/04/2025
Burgan Bank has released its sixth annual Sustainability Report, marking a major milestone in its ESG journey and reinforcing its excellence in sustainable financial practices. As the first bank in K
Kuwait Times
15/04/2025
As part of its continued commitment to promoting innovation and creativity among its employees, Gulf Bank has introduced the third edition of the Fekrety Innovation Competition for 2025. The competit
Kuwait Times
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