29/01/2026
Sharjah Islamic Bank closed 2025 with a strong financial performance, posting a net profit of AED 1.32 billion, up 26% year on year. Growth was driven by solid expansion across core activities, higher income from Islamic financing and sukuk, and a steady increase in customer deposits. The Bank maintained strong liquidity and proposed a higher cash dividend, reflecting its focus on sustainable growth, income stability, and long-term value for shareholders.
A new study by Stitch finds that fragmented systems and outdated infrastructure are holding back financial innovation across Saudi Arabia and the UAE — even as the region’s digital banking market accelerates. With 84% of Saudi banks planning to modernize their technology within 12 months, the shift toward unified platforms is becoming a necessity, not a choice.
