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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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ADIB’s Internal Shari’a Supervisory Committee Issues Over 30 Shari’a Certificates
March 30th, 2023 - 08:42 GMT

ADIB’s Internal Shari’a Supervisory Committee Issues Over 30 Shari’a Certificates

Burgan Bank Hosts AUS Students’ in Educational Trip at its Head Office
March 30th, 2023 - 06:56 GMT

Burgan Bank Hosts AUS Students’ in Educational Trip at its Head Office

BisB Supports ‘Forever Green’ Initiative for the Second Time
March 29th, 2023 - 07:05 GMT

BisB Supports ‘Forever Green’ Initiative for the Second Time

Al Salam Bank Welcomes Students from Ibn Khuldoon National School
March 29th, 2023 - 06:58 GMT

Al Salam Bank Welcomes Students from Ibn Khuldoon National School

NBO offers car loans at special rates during ramadan
March 29th, 2023 - 08:34 GMT

NBO offers car loans at special rates during ramadan

NBB Launches Exclusive Cashback and Double Points Ramadan Campaign
March 28th, 2023 - 07:30 GMT

NBB Launches Exclusive Cashback and Double Points Ramadan Campaign

Mastercard partners with World Food Programme to support school meal programs during Ramadan as customers shop on Amazon.ae
March 28th, 2023 - 06:42 GMT

Mastercard partners with World Food Programme to support school meal programs during Ramadan as customers shop on Amazon.ae

KIB relaunches Al Dirwaza digital account opening campaign
March 28th, 2023 - 07:26 GMT

KIB relaunches Al Dirwaza digital account opening campaign

Burgan Bank Sponsors, Participates in GUST Career Fair
March 28th, 2023 - 06:14 GMT

Burgan Bank Sponsors, Participates in GUST Career Fair

Saudi National Bank chair resigns
March 27th, 2023 - 10:23 GMT

Saudi National Bank chair resigns after Credit Suisse saga

Silicon Valley assets, loans sold for $72b
March 27th, 2023 - 07:19 GMT

Silicon Valley assets, loans sold for $72b

Arab Jordan Investment Bank (AJIB) signs agreement to purchase Standard Chartered’s business in Jordan
March 27th, 2023 - 07:13 GMT

Arab Jordan Investment Bank (AJIB) signs agreement to purchase Standard Chartered’s business in Jordan

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