Sharjah Islamic Bank reported a robust financial and operational performance in 2025, as the bank experienced balanced growth in its main operations. The net profit after tax recorded AED1.32 billion, representing a surge of 26 percent compared to AED1.05 billion recorded in 2024.
Income from Islamic financing investments and sukuk soared by AED175.0 million, representing a growth rate of 4.7 percent, reaching AED3.9 billion in 2025, compared to AED3.7 billion last year. However, the distributions to depositors and sukuk holders rose to AED2.3 billion, compared to AED2.2 billion in 2024.
This indicates the capacity of the Bank to sustain a sustainable balance between the funding of growth and equitable Shariah-compliant returns, and ensure the sustainability of income despite changes in the cost of funding and the demand for competitive pricing.
Customer deposits were AED55.7 billion, compared to AED51.8 billion at the end of 2024, with the financing-to-deposit ratio standing at 81.8 percent, compared to 73.6 percent in the prior year.
The Bank also recorded a strong liquidity of 22.3 percent of total assets, which is equivalent to AED20.2 billion, as compared to 21.6 percent at the end of the past year.
As part of its strategy to provide sustainable shareholder returns, the Board of Directors suggested that cash dividends be distributed at an increase of 20 percent as opposed to 15 percent in the previous year, pending approval by shareholders at the next General Assembly.
Another proposal that was approved by the Board is the decision to increase the capital of the Bank, subject to regulatory approvals and subject to the consent of shareholders.
This capital raise will give the shareholders a chance to subscribe to new shares, enhance the capital base of the Bank, promote future expansion strategies, comply continuously with regulatory provisions, and provide sustainable long-term dividends to shareholders.
