#Sharjah Islamic Bank

KFH offloads entire stake in Sharjah Islamic Bank for Dhs1.3bn

Kuwait’s KFH offloads entire stake in Sharjah Islamic Bank for Dhs1.3bn

The shares were sold to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank

Sharjah Islamic Bank

Sharjah Islamic Bank’s 2021 net profit up 27% to Dhs514.1m

Its general and administrative expenses at the end of last year stood at Dhs576.8m, compared to Dhs561.5m in 2020

Sharjah Islamic Bank

Sharjah Islamic Bank operating profits up 27% in Q1 2021

Net profit for the three months ended March 31, 2021, amounted to Dhs164.2m, compared to Dhs153.7m for the corresponding period last year