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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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BisB Holds its Ordinary General Meeting for the Year 2022
March 21st, 2023 - 07:08 GMT

BisB Holds its Ordinary General Meeting for the Year 2022

Al Salam Bank Celebrates Ramadan with a Bundle of Offers
March 21st, 2023 - 10:52 GMT

Al Salam Bank Celebrates Ramadan with a Bundle of Offers

BisB Holds its Ordinary General Meeting for the Year 2022
March 21st, 2023 - 10:20 GMT

BisB Holds its Ordinary General Meeting for the Year 2022

KIB continues to educate its clients about the risks of fraud
March 21st, 2023 - 09:32 GMT

KIB continues to educate its clients about the risks of fraud

Emirates NBD arranges Air Lease Corporation’s USD 600 million inaugural sukuk
March 21st, 2023 - 08:39 GMT

Emirates NBD arranges Air Lease Corporation’s USD 600 million inaugural sukuk

Mastercard and QNB launch “myPOS” tap on phone service
March 21st, 2023 - 08:02 GMT

Mastercard and QNB launch “myPOS” phone tap

NBO partners with buna to facilitate seamless cross-border payments
March 21st, 2023 - 07:54 GMT

NBO partners with buna to facilitate seamless cross-border payments

Burgan Bank Sponsors the Seventh Competition of the Kuwaiti Equestrian Federation Tour
March 21st, 2023 - 07:38 GMT

Burgan Bank Sponsors the Seventh Competition of the Kuwaiti Equestrian Federation Tour

Fatema Al Ghenaim Wins the Grand Prize from Points by NBB
March 20th, 2023 - 06:39 GMT

Fatema Al Ghenaim Wins the Grand Prize from Points by NBB

Emirates Development Bank awarded ‘Best Customer Experience Digital Platform’ at Middle East Banking AI & Analytics Summit
March 20th, 2023 - 11:00 GMT

Emirates Development Bank awarded ‘Best Customer Experience Digital Platform’ at Middle East Banking AI & Analytics Summit

Boursa Kuwait discusses achievements and growth prospects with investors at EFG Hermes One-on-One Conference in Dubai
March 20th, 2023 - 08:50 GMT

Boursa Kuwait discusses achievements and growth prospects with investors at EFG Hermes One-on-One Conference in Dubai

Central banks agree to enhance dollar liquidity
March 20th, 2023 - 08:21 GMT

Central banks agree to enhance dollar liquidity

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