Sharjah Islamic Bank announced its 2nd quarter 2010 results yesterday with net profit of AED 118.5 million.
Total income reached AED 426.9 million and net operating income of AED 288.4 million before profit paid to distribution to depositors amounting to AED 144.3 million by end of the 2nd quarter of 2010.
The balance sheet with total Assets reached AED 16.4 billion.
Total liquid assets reached AED 3.6 billion, represents 22% of total assets and customer deposits reached AED 10.0 billion.
Net customer receivables reached AED 9.9 billion
Total shareholder equity amounting to AED 4.3 billion represents 26% of the total assets.
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