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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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Standard Chartered: “27% of investors in the UAE are changing investment strategies to combat global inflation”
December 7th, 2022 - 10:21 GMT

Standard Chartered: “27% of investors in the UAE are changing investment strategies to combat global inflation”

Take in the sights, sounds and history of Qatar through a Priceless experience with Mastercard
December 7th, 2022 - 09:42 GMT

Take in the sights, sounds and history of Qatar through a Priceless experience with Mastercard

KPMG: Future of public transport is integrated, decarbonized and digitalized
December 7th, 2022 - 06:24 GMT

KPMG: Future of public transport is integrated, decarbonized and digitalized

NBB Wins Best Printed 2021 Annual Report for Small-cap Companies at MEIRA Awards 2022
December 6th, 2022 - 06:25 GMT

NBB Wins Best Printed 2021 Annual Report for Small-cap Companies at MEIRA Awards 2022

Emirates Islamic named ‘Best Islamic Bank for SMEs’ at MEA Finance Awards 2022
December 6th, 2022 - 06:12 GMT

Emirates Islamic named ‘Best Islamic Bank for SMEs’ at MEA Finance Awards 2022

Ajman Bank Signs a Strategic Partnership with KMMRCE Pay to Drive Transformation in the Payments Sector
December 6th, 2022 - 06:04 GMT

Ajman Bank Signs a Strategic Partnership with KMMRCE Pay to Drive Transformation in the Payments Sector

BisB’s Head of Sharia Coordination and Implementation Achieves “Academic Excellence Award in the Field of Social Responsibility for Islamic Financial Institutions and Banks”
December 6th, 2022 - 04:40 GMT

BisB’s Head of Sharia Coordination and Implementation Achieves “Academic Excellence Award in the Field of Social Responsibility for Islamic Financial Institutions and Banks”

ADGM Introduces Guiding Principles on Whistleblowing
December 6th, 2022 - 04:16 GMT

ADGM Introduces Guiding Principles on Whistleblowing

Al Salam Bank Sponsors the Renovation of Al Salam Learning Center at the University of Bahrain
December 5th, 2022 - 01:26 GMT

Al Salam Bank Sponsors the Renovation of Al Salam Learning Center at the University of Bahrain

ADIB launches its state-of-the-art digital  Command Centre, ACE (Analytics Center of Excellence)
December 5th, 2022 - 10:17 GMT

ADIB launches its state-of-the-art digital Command Centre, ACE (Analytics Center of Excellence)

Emirates NBD partners with Arab payment system Buna to enhance cross-border transactions
December 5th, 2022 - 09:53 GMT

Emirates NBD partners with Arab payment system Buna to enhance cross-border transactions

Enjoy exclusive after-hours tour of National Museum of Qatar - a Priceless experience courtesy of Mastercard
December 5th, 2022 - 08:57 GMT

Enjoy exclusive after-hours tour of National Museum of Qatar - a Priceless experience courtesy of Mastercard

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