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Islamic Finance Briefing - Categorized | Banking, Performance more

Sharjah Islamic Bank profit up by 20.9 pct

Posted on 27 July 2009

From Gulfnews.com: Sharjah Islamic Bank (SIB) reported late on Saturday Dh151.7 million in first-half profits, a 20.9 per cent decline from the same period last year.

Although the bank reported strong growth in its first-half income from murabaha and leasing transactions to Dh367.7 million, it suffered a combined Dh109.3 million drop in the subsidiary company income and feeds and commissions categories…………Full Article: Source

 
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