Sharjah Islamic Bank achieves record net profits of AED 841.5 million
The Sharjah Islamic Bank (SIB) registered robust growth, achieving a 31 percent surge in net profits to AED 841.5 million in 2023, compared to AED 650.9 million in 2022.Operating profits also witnessed a 23 percent rise, reaching AED 2 billion for 2023, up from AED 1.6 billion in the previous year.