Sharjah Islamic Bank (ADX:SIB) Tax Rate % : 9.02% (As of Mar. 2024)

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What is Sharjah Islamic Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sharjah Islamic Bank's Tax Expense for the three months ended in Mar. 2024 was د.إ26 Mil. Sharjah Islamic Bank's Pre-Tax Income for the three months ended in Mar. 2024 was د.إ285 Mil. Therefore, Sharjah Islamic Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 9.02%.

Sharjah Islamic Bank Tax Rate % Historical Data

The historical data trend for Sharjah Islamic Bank's Tax Rate % 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 Tax Rate % Chart

Sharjah Islamic Bank Annual Data

Trend

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Tax Rate %

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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
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-	9.02

Sharjah Islamic Bank Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Sharjah Islamic Bank's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0	/	851.54
	=	0.00 %

Sharjah Islamic Bank's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	25.75	/	285.406
	=	9.02 %

Sharjah Islamic Bank Tax Rate % Related Terms

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Sharjah Islamic Bank (ADX:SIB) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sharjah Islamic Bank (ADX:SIB) » Definitions » Tax Rate %

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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.

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