Full-year profit at Sharjah Islamic Bank rose by 13 per cent to Dh462.9 million as customer deposits increased.
The bank said it would also propose the distribution of one bonus share for each existing 10 shares held at its annual general meeting.
Total assets reached Dh33.5 billion at the end of 2016 compared with Dh29.9bn a year earlier.
Despite tightening liquidity, the bank said customer deposits jumped by 8.1 per cent to Dh18.3bn.
Sharjah Islamic Bank last year issued a five-year US$500m sukuk, an Islamic bond, as part of an overall $3 billion approved programme.
It has three outstanding sukuk totalling $1.5bn.
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