Mubasher: The board of Sharjah Islamic Bank has recommended a cash dividend for the fiscal year of 2016.
The company will pay a cash dividend of 10% or 10 fils per share, with an overall value standing at AED 242.6 million, according to a bourse statement issued on Wednesday.
During the fiscal year of 2016, profits grew by 14.02% to AED 127.13 million from AED 111.49 million.
