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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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US bank stocks slip on debt insurance, liquidity concerns
June 6th, 2023 - 10:26 GMT

US bank stocks slip on debt insurance, liquidity concerns

Stocks hold tight for Fed to pin interest rates next week
June 6th, 2023 - 09:03 GMT

Stocks hold tight for Fed to pin interest rates next week

Mastercard becomes Aafaq Islamic Finance’s exclusive partner for credit, prepaid and commercial SME products
June 6th, 2023 - 08:47 GMT

Mastercard becomes Aafaq Islamic Finance’s exclusive partner for credit, prepaid and commercial SME products

Burgan Bank Renews its Partnership with Al Ahmadi Governorate for the Fourth Year by Supporting its Social Campaign
June 6th, 2023 - 08:02 GMT

Burgan Bank Renews its Partnership with Al Ahmadi Governorate for the Fourth Year by Supporting its Social Campaign

Gold prices in Amman Today Tuesday 6 June 2023
June 6th, 2023 - 06:00 GMT

Gold prices in Amman Today Tuesday 6 June 2023

Gold prices in KSA Today Tuesday 6 June 2023
June 6th, 2023 - 05:55 GMT

Gold prices in KSA Today Tuesday 6 June 2023

Gold prices in Doha Today Tuesday 6 June 2023
June 6th, 2023 - 05:46 GMT

Gold prices in Doha Today Tuesday 6 June 2023

Gold prices in UAE Today Tuesday 6 June 2023
June 6th, 2023 - 05:34 GMT

Gold prices in UAE Today Tuesday 6 June 2023

Boursa Kuwait joins fight to beat plastic pollution on World Environment Day
June 5th, 2023 - 03:49 GMT

Boursa Kuwait joins fight to beat plastic pollution on World Environment Day

BisB Launches its Summer Campaign for VISA Credit Cardholders
June 5th, 2023 - 03:28 GMT

BisB Launches its Summer Campaign for VISA Credit Cardholders

Deadline for UAE Unemployment Insurance enrolment: June 30
June 5th, 2023 - 12:35 GMT

Deadline for UAE Unemployment Insurance enrolment: June 30

DIFC Innovation Hub Partners with Dubai Islamic Bank to launch 7th edition of AccelerateHER
June 5th, 2023 - 10:31 GMT

DIFC Innovation Hub Partners with Dubai Islamic Bank to launch 7th edition of AccelerateHER

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