| From Ameinfo.com: Sharjah Islamic Bank (SIB) has approved the distribution of 2008 profits at 5% cash dividends and 5% bonus shares in the total amount of Dhs220m to shareholders (10% of the paid up capital) resulting in total Paid-up Capital of Dhs2.3bn after distribution, during its 33rd Annual General Meeting held at the Sharjah Chamber of Commerce and Industry on Saturday March 21, 2009.
His Excellency Mohamed Saeed Al Husseini, Vice Chairman of the Sharjah Islamic Bank, delivered a speech on behalf of the Chairman of SIB, in which he confirmed that the strategy adopted by the board of directors has continued to yield positive financial results despite of the Global financial crisis.....Full Article: Source
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