Sharjah Islamic Bank PJSC 2024 SR
The report highlights Sharjah Islamic Bank's 2024 ESG performance, noting a 36.5% increase in net profits before tax to AED 1,148.8 million. Key achievements include the development of a Sustainable Finance Framework and participation in GCC green and sustainable Sukuk totaling AED 560 million. The bank reached a 35.5% Emiratization rate and invested over AED 96 million in community and CSR initiatives. Additionally, SIB conducted a materiality assessment and mapped its disclosures to GRI standards and the UN Sustainable Development Goals.
Company: Sharjah Islamic Bank PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: SR
Pages: 70
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Sharjah Islamic Bank PJSC
ESG Report
The report highlights Sharjah Islamic Bank's 2024 ESG performance, noting a 36.5% increase in net profits before tax to AED 1,148.8 million. Key achievements include the development of a Sustainable Finance Framework and participation in GCC green and sustainable Sukuk totaling AED 560 million. The bank reached a 35.5% Emiratization rate and invested over AED 96 million in community and CSR initiatives. Additionally, SIB conducted a materiality assessment and mapped its disclosures to GRI standards and the UN Sustainable Development Goals.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees