A massive financial success was achieved by the International Islamic Bank of Sharjah in 2024. The shareholders of this bank decided to pay dividends amounting to 15% of the company's capital, which is equivalent to 15 fils per share. The total payout amounts to 458.7 million dirhams.
As noted in the statement, the bank's goal is to increase income for its shareholders and achieve financial sustainability. Last year, the bank demonstrated excellent financial performance, which allowed it to make this decision.
"We are proud of our bank's achievements in the 2024 financial year and are pleased to announce the successful distribution of profits to our shareholders. The decision to pay dividends at the rate of 15% is another step towards a sustainable financial future," commented the bank representative.
