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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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Burgan Bank Optimizes its Mobile Onboarding Experience
May 16th, 2023 - 09:39 GMT

Burgan Bank Optimizes its Mobile Onboarding Experience

77 Financing Agreements Worth US$ 5.4 Billion Are Signed
May 16th, 2023 - 08:39 GMT

77 Financing Agreements Worth US$ 5.4 Billion Are Signed

Gold prices dip, oil rises amid global anticipation
May 16th, 2023 - 07:36 GMT

Gold prices dip, oil rises amid global anticipation

Gold rates in Jordan Today Tuesday 16 May 2023
May 16th, 2023 - 06:28 GMT

Gold rates in Jordan Today Tuesday 16 May 2023

Gold prices in Doha Today Tuesday 16 May 2023
May 16th, 2023 - 06:21 GMT

Gold prices in Doha Today Tuesday 16 May 2023

Gold prices in KSA Today Tuesday 16 May 2023
May 16th, 2023 - 06:10 GMT

Gold prices in KSA Today Tuesday 16 May 2023

Gold prices in UAE Today Tuesday 16 May 2023
May 16th, 2023 - 06:03 GMT

Gold prices in UAE Today Tuesday 16 May 2023

ila Bank launches ‘alburaq' – a new Islamic banking experience in Bahrain
May 15th, 2023 - 03:28 GMT

ila Bank launches ‘alburaq' – a new Islamic banking experience in Bahrain

There’s AI investing, and then there’s AI investing
May 15th, 2023 - 01:46 GMT

There’s AI investing, then there’s AI investing

7 Tips to unleash your AI investing strategy
May 15th, 2023 - 12:48 GMT

7 Tips to unleash your AI investing strategy

Easing oil prices drive Eurozone growth forecasts
May 15th, 2023 - 11:17 GMT

Easing oil prices drive Eurozone growth forecasts

Growing your share of Kanz has become easier with online opening
May 15th, 2023 - 10:37 GMT

Growing your share of Kanz has become easier with online opening

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