Sharjah Islamic Bank (SIB) has announced the approval of a 15% cash dividend distribution from the company's capital for the fiscal year 2024, amounting to AED 458.7 million.
The Central Bank of the Emirates (CBUAE) published a report stating that the total gross assets of banks, including bank acceptances, increased by 0.5 percent from AED 4,287.0 billion at the end of May 2024 to AED 4,310.2 billion at the end of June 2024.