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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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Burgan Bank Reports Net Income of KD 52.1 million for FY 2022
February 8th, 2023 - 12:48 GMT

Burgan Bank Reports Net Income of KD 52.1 million for FY 2022

Al Salam Bank Wins Best Islamic Banking Brand at the Global Islamic Finance Awards 2022
February 7th, 2023 - 02:40 GMT

Al Salam Bank Wins Best Islamic Banking Brand at the Global Islamic Finance Awards 2022

National Bank of Oman Celebrates 50 Years of Driving Sustainable Growth and Progress
February 7th, 2023 - 02:05 GMT

National Bank of Oman Celebrates 50 Years of Driving Sustainable Growth and Progress

KPMG: Saudi firms faster than global peers in adopting cutting-edge tech
February 7th, 2023 - 11:17 GMT

KPMG: Saudi firms faster than global peers in adopting cutting-edge tech

UAB joins e&enterprise fintech blockchain platform UAE Trade Connect
February 7th, 2023 - 10:19 GMT

UAB joins e&enterprise fintech blockchain platform UAE Trade Connect

ECB raises rates
February 2nd, 2023 - 08:47 GMT

European Central Bank hikes 3 key interest rates

A$5 banknote
February 2nd, 2023 - 08:37 GMT

Australia to remove UK monarch from banknote

Weber Shandwick
January 24th, 2023 - 07:31 GMT

Saudi National Bank partners with Mastercard and Saudi E-sports Federation to transform e-sports

Natasha Hannoun
January 24th, 2023 - 07:05 GMT

Venture debt funding in MENA crosses $260 m

Kuwait Finance House – Bahrain Sponsors the Reopening of the Iqra e-Reading Center
January 22nd, 2023 - 06:52 GMT

Kuwait Finance House – Bahrain Sponsors the Reopening of the Iqra e-Reading Center

KIB organizes The Stadium: the first-of-its-kind community tournament in Kuwait
January 22nd, 2023 - 06:45 GMT

KIB organizes The Stadium: the first-of-its-kind community tournament in Kuwait

Sharjah Islamic Bank inaugurates the new headquarters of its branch in Al Dhaid Mall
January 22nd, 2023 - 06:26 GMT

Sharjah Islamic Bank inaugurates the new headquarters of its branch in Al Dhaid Mall

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