Sharjah Islamic Bank reported earnings results for the first quarter of 2017. The company reported a net profit of AED 139.1 million for the first quarter of 2017, up 5.9% compared to AED 131.4 million for the same period last year. The company's net operating income reached AED 237.8 million in the first quarter of 2017, up 8.5% compared to AED 219.2 million in the same period last year. Return (annualised) on average shareholders equity reached 11.28% compared to 9.68% at the end of December 2016, while return (annualised) on average assets (ROAA) was 1.63% by the end of the first quarter of 2017 compared to 1.46% at the end of December 2016. Net cash from operating activities was AED 2,021.31 million against AED 252.127 million a year ago. Acquisition properties and equipment was AED 12.190 million against AED 6.746 million a year ago.