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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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KIB Publishes Its First Annual Sustainability Report
December 27th, 2022 - 10:40 GMT

KIB Publishes Its First Annual Sustainability Report

Al Salam Bank Sponsors 5 American University of Bahrain Scholarships to Students
December 26th, 2022 - 10:23 GMT

Al Salam Bank Sponsors 5 American University of Bahrain Scholarships to Students

KIB extends its automotive financing offer on all 2022 GMC-SIERRA cars, with 3-year profit repayment plan on a 5-year financing
December 26th, 2022 - 09:43 GMT

KIB extends its automotive financing offer on all 2022 GMC-SIERRA cars, with 3-year profit repayment plan on a 5-year financing

NBO’s Islamic Banking Window, Muzn, Upgrades Customer Experience With Larger Network of CCDMS
December 26th, 2022 - 09:11 GMT

NBO’s Islamic Banking Window, Muzn, Upgrades Customer Experience With Larger Network of CCDMS

Burgan Bank Makes Young Palliative Care Patient’s Dream Come True with the World Cup Experience of a Lifetime at FIFA Qatar 2022
December 26th, 2022 - 08:42 GMT

Burgan Bank Makes Young Palliative Care Patient’s Dream Come True with the World Cup Experience of a Lifetime at FIFA Qatar 2022

KIB underlines principles guiding responsible customer protection practices
December 25th, 2022 - 05:34 GMT

KIB underlines principles guiding responsible customer protection practices

NBO Elevates Digital Corporate Banking Experience With ‘Online Direct Debit’ Service
December 25th, 2022 - 05:18 GMT

NBO Elevates Digital Corporate Banking Experience With ‘Online Direct Debit’ Service

Burgan Bank Assigns the responsibility of managing the Financial Institutions Department to Mr. Mohammed Najeeb Al-Zanki
December 25th, 2022 - 04:25 GMT

Burgan Bank Assigns the responsibility of managing the Financial Institutions Department to Mr. Mohammed Najeeb Al-Zanki

Burgan Bank Sponsors the 18th International Jewelry Exhibition
December 22nd, 2022 - 04:15 GMT

Burgan Bank Sponsors the 18th International Jewelry Exhibition

Saudi Arabia capital demand
December 20th, 2022 - 06:16 GMT

Capital demand to boost Saudi banks’ performance

KPMG: Upsurge in capital demand expected to further fuel strong interim performance of Saudi banks
December 20th, 2022 - 06:13 GMT

KPMG: Upsurge in capital demand expected to further fuel strong interim performance of Saudi banks

ADIB receives the e-Marketplace Champion Award from blockchain-powered e-Marketplace TradeAssets
December 20th, 2022 - 08:12 GMT

ADIB receives the e-Marketplace Champion Award from blockchain-powered e-Marketplace TradeAssets

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