Sharjah Islamic Bank (SIB) achieved a remarkable 24% profit increase in the first nine months of 2025, reaching Dh1.1 billion, surpassing last year’s full-year profit of Dh1.05 billion.
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Sharjah Islamic Bank (SIB) achieved a remarkable 24% profit increase in the first nine months of 2025, reaching Dh1.1 billion, surpassing last year’s full-year profit of Dh1.05 billion.
Sharjah Islamic Bank profit 2025, achieved a remarkable 24% increase in the first nine months, reaching Dh1.1 billion, surpassing last year’s full-year profit of Dh1.05 billion. This expansion highlights robust growth across its financing, investment, and fee-based assets, reinforcing its position as a leading Islamic financial institution in the UAE.
The bank’s income from Islamic financing and sukuk investments grew by 5.8% to Dh2.9 billion, while fee and commission income skyrocketed by 67.5% to Dh486.9 million, significantly boosting overall operating income to Dh1.8 billion—a 14.3% increase over 2024.
Despite rising expenses, the bank managed a substantial decline in impairment provisions to Dh11.9 million from Dh100.6 million, supported by recoveries from legacy non-performing assets and prudent risk management. Total assets grew by Dh7.4 billion (9.3%) to Dh86.6 billion as of September 30, 2025, with customer deposits increasing to Dh54.6 billion.
Profitability ratios also improved, with return on assets rising to 1.78%, and return on equity closing at 17.03%. The results underscore SIB’s resilience in a challenging macroeconomic environment and highlight ongoing investment in digital banking and customer service initiatives to sustain long-term growth.
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