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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase
January 23rd, 2026 - 10:19 GMT

Sharjah Islamic Bank Achieves Net Profit of AED 1.3 Billion for the year 2025 with 26% Growth and Proposes 20% Higher Cash Dividends and Capital Increase

Sharjah Islamic Bank delivered a strong financial and operational performance during 2025, supported by balanced growth across its core activities. Net profit after tax reached AED 1.32 billion, representing an increase of 26% compared to AED 1.05 billion recorded in 2024. Income from Islamic financing investments and sukuk increased by AED 175.0 million, representing a growth rate of 4.7%, reaching approximately AED 3.9 billion in 2025, compared to AED 3.7 billion in the previous year. Meanwhile, distributions to depositors and sukuk holders amounted to AED 2.3 billion, compared to AED ...
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Mastercard partners with Bankiom to issue virtual prepaid cards across GCC region
June 15th, 2023 - 06:12 GMT

Mastercard partners with Bankiom to issue virtual prepaid cards across GCC region

ECB raises EU interest rate to 22-year high
June 15th, 2023 - 01:58 GMT

ECB raises EU interest rate to 22-year high

Stocks slip ahead of EU interest rates decision
June 15th, 2023 - 01:16 GMT

Stocks slip ahead of EU interest rates decision

Market eyes more comprehensive China stimulus
June 15th, 2023 - 11:23 GMT

Markets eye more comprehensive China stimulus

Fed pins US interest rate, future hikes likely
June 15th, 2023 - 09:36 GMT

Fed pins US interest rate, future hikes likely

Gold rates in Jordan Today Thursday 15 June 2023
June 15th, 2023 - 07:21 GMT

Gold rates in Jordan Today Thursday 15 June 2023

KSA Gold prices Today Thursday 15 June 2023
June 15th, 2023 - 07:17 GMT

KSA Gold prices Today Thursday 15 June 2023

Qatar Gold prices Today Thursday 15 June 2023
June 15th, 2023 - 07:04 GMT

Qatar Gold prices Today Thursday 15 June 2023

UAE Gold prices Today Thursday 15 June 2023
June 15th, 2023 - 06:49 GMT

UAE Gold prices Today Thursday 15 June 2023

BisB Receives Silver Accreditation from Investors in People
June 15th, 2023 - 06:29 GMT

BisB Receives Silver Accreditation from Investors in People

Turkey’s Erdogan: ‘I’m the same’
June 14th, 2023 - 01:59 GMT

Turkey’s Erdogan: ‘I’m the same’

Al Salam Bank Receives J.P. Morgan Elite Quality Recognition Award for the Third Consecutive Year
June 14th, 2023 - 12:57 GMT

Al Salam Bank Receives J.P. Morgan Elite Quality Recognition Award for the Third Consecutive Year

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