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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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NBO’s Rawabit Program Builds Strong Connections to Better Serve Its Customers
December 5th, 2022 - 06:46 GMT

NBO’s Rawabit Program Builds Strong Connections to Better Serve Its Customers

Burgan Bank Continues its Support for the ‘Let's Be Aware’ Financial Literacy Campaign
December 5th, 2022 - 06:00 GMT

Burgan Bank Continues its Support for the ‘Let's Be Aware’ Financial Literacy Campaign

GIB Joins as Signatory to the Abu Dhabi Sustainable Finance  Declaration in its 5th Round During the R.A.C.E Sustainability Summit
December 4th, 2022 - 09:21 GMT

GIB Joins as Signatory to the Abu Dhabi Sustainable Finance Declaration in its 5th Round During the R.A.C.E Sustainability Summit

Muzn Wins Most Innovative Islamic Window Award at Islamic Banking and Finance Summit
December 4th, 2022 - 06:43 GMT

Muzn Wins Most Innovative Islamic Window Award at Islamic Banking and Finance Summit

Al Salam Bank Steps Up Support for Local Health and Education Initiatives in ESG Push
December 4th, 2022 - 06:36 GMT

Al Salam Bank Steps Up Support for Local Health and Education Initiatives in ESG Push

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
December 4th, 2022 - 06:29 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

Saudi Arabia's Public Investment Fund
December 1st, 2022 - 06:13 GMT

Saudi PIF secures largest ever term loan globally

Burgan Bank Sponsors the Third Competition of the Kuwaiti Equestrian Federation Tour
December 1st, 2022 - 10:03 GMT

Burgan Bank Sponsors the Third Competition of the Kuwaiti Equestrian Federation Tour

BisB Organizes Health Awareness Initiatives for its Employees
December 1st, 2022 - 04:18 GMT

BisB Organizes Health Awareness Initiatives for its Employees

Burgan Bank Organizes a Health Awareness Workshop for Its Staff in Cooperation With Kuwait Hospital
November 30th, 2022 - 06:12 GMT

Burgan Bank Organizes a Health Awareness Workshop for Its Staff in Cooperation With Kuwait Hospital

NBB Offers 100% Cashback to Customers Using International Digital Wallet Payments
November 30th, 2022 - 10:15 GMT

NBB Offers 100% Cashback to Customers Using International Digital Wallet Payments

Emirates NBD marks 51st UAE National Day with unique tribute to nation’s space programme
November 30th, 2022 - 10:10 GMT

Emirates NBD marks 51st UAE National Day with unique tribute to nation’s space programme

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