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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 Announces the Names of the Monthly Draw Winners of Kanz Account
April 10th, 2023 - 07:02 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

Burgan Bank Distributes Ramadan Food Baskets in Cooperation with KRCS
April 9th, 2023 - 06:28 GMT

Burgan Bank Distributes Ramadan Food Baskets in Cooperation with KRCS

National bank of Oman organises car festival weekend
April 9th, 2023 - 05:49 GMT

National bank of Oman organises car festival weekend

Mastercard Accelerates Sustainable Card Efforts
April 7th, 2023 - 09:35 GMT

Mastercard Accelerates Sustainable Card Efforts

Burgan Bank Participates in the 2022 KFAS Innovation Challenge Program in Collaboration with LBS
April 6th, 2023 - 08:54 GMT

Burgan Bank Participates in the 2022 KFAS Innovation Challenge Program in Collaboration with LBS

Sharjah Islamic Bank organizes two Iftar tents throughout the holy month of Ramadan for 60,000 people
April 6th, 2023 - 08:25 GMT

Sharjah Islamic Bank organizes two Iftar tents throughout the holy month of Ramadan for 60,000 people

Dubai National Bank Announces Success of Unsecured Sukuk Issuance for Al Rajhi Bank
April 6th, 2023 - 07:40 GMT

DNB announces sukuk success for Al Rajihi Bank

Mastercard Women SME Leaders Awards returns for second edition to celebrate women business leaders across the region
April 5th, 2023 - 07:31 GMT

Mastercard Women SME Leaders Awards returns for second edition to celebrate women business leaders across the region

Jordanian Finance Ministry & Central Bank's Eurobond Success:1.25b Dollars Raised
April 5th, 2023 - 09:53 GMT

Jordan completes $1.25b Eurobond issuance

Abu Dhabi Islamic Bank publishes its 2nd Annual ESG Report
April 5th, 2023 - 09:24 GMT

Abu Dhabi Islamic Bank publishes its 2nd Annual ESG Report

Emirates NBD arranges Al Rajhi’s USD 1 billion inaugural Sukuk
April 5th, 2023 - 07:59 GMT

Emirates NBD arranges Al Rajhi’s USD 1 billion inaugural Sukuk

SAB bank announces new identity through new brand 'SAB First'
April 5th, 2023 - 07:21 GMT

SABB announces new identity through 'SAB First'

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