Wednesday 12, March 2014 by Matthew AmlĂ´t

Sharjah Islamic Bank's general assembly approves 10 per cent cash dividends to shareholders

Sharjah Islamic Bank 's General Assembly approved distributing cash dividends of 10 per cent of the share's nominal value - equivalent to AED 242.6 million for the year 2013, an increase of AED 97.1 million as compared to AED145.5 million (6 per cent of the share's nominal value) in 2012. The announcement was made during the bank's 38th annual General Assembly meeting, which was held at Sharjah Chamber of Commerce and Industry.

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