Sharjah Islamic Bank (ADX:SIB) Allowance For Loans And Lease Losses : د.إ-1,613 Mil (As of Mar. 2024)

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What is Sharjah Islamic Bank Allowance For Loans And Lease Losses?

Sharjah Islamic Bank's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was د.إ-1,613 Mil.

Sharjah Islamic Bank's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (د.إ-1,585 Mil) to Dec. 2023 (د.إ-1,608 Mil) and declined from Dec. 2023 (د.إ-1,608 Mil) to Mar. 2024 (د.إ-1,613 Mil).

Sharjah Islamic Bank's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (د.إ-1,331 Mil) to Dec. 2022 (د.إ-1,537 Mil) and declined from Dec. 2022 (د.إ-1,537 Mil) to Dec. 2023 (د.إ-1,608 Mil).

Sharjah Islamic Bank Allowance For Loans And Lease Losses Historical Data

The historical data trend for Sharjah Islamic Bank's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sharjah Islamic Bank Allowance For Loans And Lease Losses Chart

Sharjah Islamic Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-1,118.38

-1,287.82

-1,331.24

-1,537.42

-1,608.32

Sharjah Islamic Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-1,622.93	-1,629.90	-1,584.64	-1,608.32	-1,613.30

Sharjah Islamic Bank Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Sharjah Islamic Bank Allowance For Loans And Lease Losses Related Terms

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Sharjah Islamic Bank (ADX:SIB) Business Description

Industry

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Address

Sharjah Islamic Bank Tower, P.O. Box 4, Al Khan, Sharjah, ARE

Website

https://www.sib.ae

Sharjah Islamic Bank is engaged in providing banking activities, financing, and investing activities. The bank's activities comprise four main business segments namely corporate and government; retail; investment and treasury; and hospitality, brokerage and real estate. It generates a majority of its revenue from the corporate and government segment in which the bank provides Islamic financial products and services to the companies, institutions, and government departments.

Sharjah Islamic Bank (ADX:SIB) Headlines

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