Sharjah Islamic Bank, included and traded on the Abu Dhabi Stock Exchange, increased by 0.72% at the end of the session today, to close at 2.81 dirhams.
Trading on Sharjah Islamic Bank shares came through 133 trading operations, at 1.08 million shares with a value of trading 3.04 million dirhams.
The highest price for the share during the session was at 2.82 dirhams for the share to re -test its highest price since January 9, 2024, and achieved it for the first time a month ago in mid -January, while the lowest price for the share today was at 2.79 dirhams.
Sharjah Islamic Bank is one of the most prominent banking institutions in the United Arab Emirates.
It provides a variety of banking services for individuals and companies, and the bank is characterized by providing Islamic banking services commensurate with Islamic values and principles, and aims to provide sustainable and suitable financial solutions to all.
It is noteworthy that the Sharjah Islamic Bank achieved a growth in its annual net profits after deducting taxes during the 2024 fiscal year by 24.5%, to achieve 1.05 billion dirhams.
His annual profits before tax deduction reached 1.115 billion dirhams, a growth of 36.5%.
The bank’s board of directors suggested distributing cash profits to shareholders at a rate of 15% of the nominal value of the share, submitting to shareholders the approval of the shareholders during the general assembly of the bank.
