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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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Saudi German Health profits shoot 144.6%
May 21st, 2023 - 12:54 GMT

Saudi German Health profits shoot 144.6%

JPMorgan takes the lead with nearly $2t in deposit
May 21st, 2023 - 12:10 GMT

JPMorgan takes lead on US Banks, deposits at $2t

Countdown for June 1: US debt ceiling crisis
May 21st, 2023 - 10:03 GMT

Countdown to June 1: US debt ceiling, cash crisis

Burgan bank sponsors american united school’s annual art's night
May 21st, 2023 - 07:21 GMT

Burgan bank sponsors american united school’s annual art's night

Gold prices in Amman Today Sunday 21 May 2023
May 21st, 2023 - 06:16 GMT

Gold prices in Amman Today Sunday 21 May 2023

Gold prices in Qatar Today Sunday 21 May 2023
May 21st, 2023 - 06:06 GMT

Gold prices in Qatar Today Sunday 21 May 2023

Gold prices in Saudi Today Sunday 21 May 2023
May 21st, 2023 - 05:54 GMT

Gold prices in Saudi Today Sunday 21 May 2023

Gold prices in Dubai Today Sunday 21 May 2023
May 21st, 2023 - 05:34 GMT

Gold prices in Dubai Today Sunday 21 May 2023

NBB Hosts First Quarterly Investors Meeting of 2023
May 21st, 2023 - 04:13 GMT

NBB Hosts First Quarterly Investors Meeting of 2023

NBB Awarded ‘Best ESG Integration’ in Bahrain in the Arab Federation of Capital Markets Awards Ceremony 2023 in Collaboration with The Global Economics
May 19th, 2023 - 06:59 GMT

NBB Awarded ‘Best ESG Integration’ in Bahrain in the Arab Federation of Capital Markets Awards Ceremony 2023 in Collaboration with The Global Economics

NBO’s islamic banking window, muzn signs term wakala agreement with oman air
May 19th, 2023 - 06:29 GMT

NBO’s islamic banking window, muzn signs term wakala agreement with oman air

Bank of Sharjah Ignites Momentum for Substantial Growth with Appointment of Mohamed Khadiri as CEO
May 19th, 2023 - 06:24 GMT

Bank of Sharjah Ignites Momentum for Substantial Growth with Appointment of Mohamed Khadiri as CEO

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