Abu Dhabi – Mubasher: Sharjah Islamic Bank’s (SIB) ordinary general meeting (OGM) on Sunday has approved a proposal to distribute an 8% cash dividends for 2017 to its shareholders.
The approved dividends amount to AED 0.08 per share or a total of AED 234.788 million, according to a bank statement.
The UAE-based lender did not set date for the distribution of the dividends.
SIB’s capital amounts to AED 2.934 billion divided into 2.934 billion shares.
