Sharjah Islamic Bank has announced H1 net profit of AED 149.2 million, compared to 123.3 million achieved in the same period last year, a 21 per cent increase. The balance sheet grew by 2.2 per cent since December 2011 with total assets reaching AED 18.1 billion. Net customer receivables reached AED 10.6 billion rising by AED 142.8 million (or 1.4 per cent) while customer deposits reached AED 10.8 billion rising by AED 385.8 million (or 3.7 per cent) growth since December 2011.
Liquid assets were stable at AED 4.1 billion or 22.7 per cent of the balance sheet at the end of June 2012 compared to a similar 4.1 billion or 23.2 per cent of the balance sheet at the end of 2011………………………………………..Full Article: Source