Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
Sharjah, UAE, 14th April 2026, Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025.
Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions to depositors and Sukuk holders amounted to approximately AED 581.7 million, compared to AED 546.9 million in the prior-year period.
Sharjah Islamic Bank continues to diversify its income streams, as ...