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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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Bank ABC’s 2023 AGM approves US$46 million dividend on back of robust revenues and solid strategic progress
March 20th, 2023 - 03:18 GMT

Bank ABC’s 2023 AGM approves US$46 million dividend on back of robust revenues and solid strategic progress

UBS takes over Credit Suisse
March 19th, 2023 - 07:35 GMT

UBS takes over Credit Suisse in historic deal

Burgan Bank Sponsors the Sixth Competition of the Kuwaiti Equestrian Federation Tour
March 19th, 2023 - 08:34 GMT

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

Third best year of fintech investment despite large drop from 2021 high
March 19th, 2023 - 07:49 GMT

Third best year of fintech investment despite large drop from 2021 high

NBB Launches Auto Finance Campaign
March 19th, 2023 - 06:52 GMT

NBB Launches Auto Finance Campaign

NBO wins best practices for internal elearning award in recognition of its digital capacity building
March 19th, 2023 - 06:36 GMT

NBO wins best practices for internal elearning award in recognition of its digital capacity building

Dubai Islamic Bank Shareholders Approve  30% Dividend for 2022
March 17th, 2023 - 03:26 GMT

Dubai Islamic Bank Shareholders Approve 30% Dividend for 2022

Credit Suisse Bank to borrow $54 billion
March 16th, 2023 - 01:03 GMT

Credit Suisse Bank to borrow $54b

Bank ABC arranges landmark US$600 million Sukuk issuance for Air Lease Corporation (ALC)
March 16th, 2023 - 10:50 GMT

Bank ABC arranges landmark US$600 million Sukuk issuance for Air Lease Corporation (ALC)

Abu Dhabi Islamic Bank named ‘Best Islamic Bank in the UAE’ by EMEA Finance
March 16th, 2023 - 07:43 GMT

Abu Dhabi Islamic Bank named ‘Best Islamic Bank in the UAE’ by EMEA Finance

KIB awarded ISO certificate for information security for the 9th year consecutively
March 16th, 2023 - 06:45 GMT

KIB awarded ISO certificate for information security for the 9th year consecutively

Burgan Bank Sponsors 11th Edition of HORECA Kuwait
March 15th, 2023 - 04:41 GMT

Burgan Bank Sponsors 11th Edition of HORECA Kuwait

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