SIB: Sharjah Islamic Bank PJSC - Summary | Jitta

Sharjah Islamic Bank PJSC

ARE:SIB

Price
AED2.94
Loss Chance
41.2%
7.13JITTA SCORE
47.07%Under Jitta Line
Jitta Ranking
5 / 16
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (68)
Recent Business Performance (60)
Financial Strength (79)
Return to Shareholders (74)
Competitive Advantage (75)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 3 years
Recent Business PerformanceEarning Growth Last Quarter (YoY)
Operating MarginExpansion
Dividend PayoutIncreasing Every Year
SG&A to SalesDecreasing
Total DepositConsistent Growth
Loan to DepositBalanced
Net Interest MarginEfficiency
Key Stats
Jitta Score
Jitta Line
7.13
47.07%
6.41
13.00%
5.16
147.92%
Diversified Banks
8.41
25.39%
7.82
100.00%
5.60
91.17%
COMPANY DESCRIPTION
Sharjah Islamic Bank PJSC engages in banking, financing, and investing activities in the United Arab Emirates. The company operates through Corporate and Government; Retail; Investment and Treasury; and Hospitality, Brokerage and Real Estate segments. It offers current account, savings account, Watani/call account, Hassalati account, MaxPlus deposit account, and Watany Investment Account; long term deposit and fixed deposit products; real estate and car finance, as well as personal finance, such as travel finance, medical finance, rent finance, and others, bonds finance, goods finance, and fleet finance; debt management; and credit, debit, digital, and prepaid card. The company also provides digital account, online banking, mobile banking, cardless cash withdrawal, and remittance; structured finance facilities, equity investments, advisory services, and direct investments; liquidity management, asset liability management, alternate funding, and risk mitigation. In addition, it offers long-term financing solutions, working capital finance, contract financing, and bridge finance; and transaction banking, as well as Islamic trade finance that includes letter of credit and guarantee. Sharjah Islamic Bank PJSC was incorporated in 1975 and is headquartered in Sharjah, the United Arab Emirates.