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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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 Boursa Kuwait increases its net profit by 13.3% to reach KD 18 million for 2022
February 13th, 2023 - 08:20 GMT

Boursa Kuwait increases its net profit by 13.3% to reach KD 18 million for 2022

Bank ABC announces 2022 results Net profit of $154 million attributable to the shareholders of the parent, a 54% surge over last year
February 13th, 2023 - 07:08 GMT

Bank ABC announces 2022 results Net profit of $154 million attributable to the shareholders of the parent, a 54% surge over last year

Al Salam Bank’s Mobile App Brings a New Era of Payday with Salary Advance Launch
February 13th, 2023 - 06:39 GMT

Al Salam Bank’s Mobile App Brings a New Era of Payday with Salary Advance Launch

Bank ABC Islamic announces 2022 year-end net profit of $38.8 million
February 12th, 2023 - 08:04 GMT

Bank ABC Islamic announces 2022 year-end net profit of $38.8 million

Burgan Bank Concludes Another Successful Sponsorship of the Kuwait Crown Prince Cup Final Match
February 12th, 2023 - 07:44 GMT

Burgan Bank Concludes Another Successful Sponsorship of the Kuwait Crown Prince Cup Final Match

Waha Capital reports 2022 net profit of AED 449 million following strong fourth quarter performance
February 10th, 2023 - 07:03 GMT

Waha Capital reports 2022 net profit of AED 449 million following strong fourth quarter performance

Ajman Bank Reports Net Profit of AED 162.1 Million  in 2022 compared to AED 116.2 in 2021 (up by 40% YoY)
February 9th, 2023 - 07:58 GMT

Ajman Bank Reports Net Profit of AED 162.1 Million in 2022 compared to AED 116.2 in 2021 (up by 40% YoY)

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution
February 9th, 2023 - 07:14 GMT

Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution

Al Salam Bank Announces Financial Results for 2022
February 9th, 2023 - 06:59 GMT

Al Salam Bank Announces Financial Results for 2022

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem
February 9th, 2023 - 07:33 GMT

Mastercard joins forces with Greater Amman Municipality and Network International to launch Jordan’s first transit payment ecosystem

KPMG launches Centre of Excellence for Metaverse
February 9th, 2023 - 07:25 GMT

KPMG launches Centre of Excellence for Metaverse

Emirates Islamic is first bank in the UAE to issue a Dirham Sukuk
February 9th, 2023 - 07:06 GMT

Emirates Islamic is first bank in the UAE to issue a Dirham Sukuk

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