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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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Bahrain
March 2nd, 2023 - 09:22 GMT

NBB records 114% rise in net profit

Central Bank of Bahrain
March 2nd, 2023 - 07:34 GMT

GIB reports record 108% profit growth in 2022

KIB: Counselor Nadia Al-Fadhli attains a Master's degree in public law with thesis entitled “Global Responsibility for Environmental Pollution”
March 1st, 2023 - 07:39 GMT

KIB: Counselor Nadia Al-Fadhli attains a Master's degree in public law with thesis entitled “Global Responsibility for Environmental Pollution”

Crypto
March 1st, 2023 - 01:09 GMT

Bybit CEO: Crypto sets higher standards for reserves

BisB Wins "Most Innovative Islamic Bank" Award in Bahrain
March 1st, 2023 - 10:04 GMT

BisB Wins "Most Innovative Islamic Bank" Award in Bahrain

Mastercard brings Google Pay to Kuwait in partnership with Google
March 1st, 2023 - 06:39 GMT

Mastercard brings Google Pay to Kuwait in partnership with Google

Burgan Bank Launches Google Pay for a Safe and Secure Contactless Experience
March 1st, 2023 - 03:50 GMT

Burgan Bank Launches Google Pay for a Safe and Secure Contactless Experience

Bank of Sharjah Receives J.P. Morgan Quality Recognition Award
February 28th, 2023 - 10:33 GMT

Bank of Sharjah Receives J.P. Morgan Quality Recognition Award

KIB concludes its platinum sponsorship of the Atyab Al Marshoud showjumping championship
February 28th, 2023 - 09:52 GMT

KIB concludes its platinum sponsorship of the Atyab Al Marshoud showjumping championship

Edmond de Rothchild Broadens Presence in the Middle East with Opening of New Office in Dubai International Financial Centre (DIFC)
February 28th, 2023 - 09:27 GMT

Edmond de Rothchild Broadens Presence in the Middle East with Opening of New Office in Dubai International Financial Centre (DIFC)

Sharjah Islamic Bank general assembly approves a 15% dividend distribution for shareholders in 2022
February 27th, 2023 - 10:14 GMT

Sharjah Islamic Bank general assembly approves a 15% dividend distribution for shareholders in 2022

standard chartered bank announces new ceo for qatar
February 27th, 2023 - 08:30 GMT

standard chartered bank announces new ceo for qatar

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