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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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Markaz receives momentous accolades at MENA Banking Excellence Awards 2023
May 30th, 2023 - 08:47 GMT

Markaz receives momentous accolades at MENA Banking Excellence Awards 2023

Erdogan's top priority: Russia, Gulf investments
May 30th, 2023 - 08:01 GMT

Erdogan's top priority: Russia, Gulf investments

Gold prices in Amman Today Tuesday 30 May 2023
May 30th, 2023 - 06:28 GMT

Gold prices in Amman Today Tuesday 30 May 2023

Gold prices in KSA Today Tuesday 30 May 2023
May 30th, 2023 - 06:23 GMT

Gold prices in KSA Today Tuesday 30 May 2023

Gold prices in Doha Today Tuesday 30 May 2023
May 30th, 2023 - 06:17 GMT

Gold prices in Doha Today Tuesday 30 May 2023

Gold prices in UAE Today Tuesday 30 May 2023
May 30th, 2023 - 06:12 GMT

Gold prices in UAE Today Tuesday 30 May 2023

China urges Japan to suspend chip trade ban
May 29th, 2023 - 01:58 GMT

China urges Japan to suspend chip trade ban

Iraq gold reserves up 2%, global demand down
May 29th, 2023 - 01:28 GMT

Iraq gold reserves up 2%, global demand down

Lira falls, stocks rise in wake of Erdogan’s re-election
May 29th, 2023 - 01:08 GMT

Lira falls, stocks rise in wake of Erdogan’s re-election

Economic Challenges facing 3-times Turkey President Erdogan
May 29th, 2023 - 11:43 GMT

Erdogan's odds: An economic overview

Markaz concludes webinar on how GCC equities are evolving as an important opportunity within Emerging Markets
May 29th, 2023 - 10:18 GMT

Markaz concludes webinar on how GCC equities are evolving as an important opportunity within Emerging Markets

 NBO Muzn Islamic Banking Celebrates a Decade of Success and Look Forward to an Exciting Future for Islamic Banking
May 29th, 2023 - 09:18 GMT

NBO Muzn Islamic Banking Celebrates a Decade of Success and Look Forward to an Exciting Future for Islamic Banking

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