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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 Pledges its Contribution to Ending Violence Against Women by Lighting its Headquarters in Orange
November 28th, 2022 - 05:40 GMT

Burgan Bank Pledges its Contribution to Ending Violence Against Women by Lighting its Headquarters in Orange

Kuwait Finance House – Bahrain Announces the Libshara Grand Prize Winner for October 2022
November 27th, 2022 - 07:37 GMT

Kuwait Finance House – Bahrain Announces the Libshara Grand Prize Winner for October 2022

NBB Supports Bahrain Polytechnic Students to Develop Smart Aquaculture System Project
November 27th, 2022 - 07:28 GMT

NBB Supports Bahrain Polytechnic Students to Develop Smart Aquaculture System Project

NBO’s Islamic Banking Window Muzn Enriches Customers’ Lives With National Day Offers
November 27th, 2022 - 06:49 GMT

NBO’s Islamic Banking Window Muzn Enriches Customers’ Lives With National Day Offers

Boursa Kuwait Renews its Humanitarian Partnership with Kuwait Red Crescent Society for Second Consecutive Year
November 27th, 2022 - 06:13 GMT

Boursa Kuwait Renews its Humanitarian Partnership with Kuwait Red Crescent Society for Second Consecutive Year

Arab Bank – the First Bank in Jordan to Establish a Sustainable Finance Framework
November 25th, 2022 - 07:14 GMT

Arab Bank – the First Bank in Jordan to Establish a Sustainable Finance Framework

Emirates NBD collaborates with UAE’s largest payments company, Network International to launch
November 24th, 2022 - 02:24 GMT

Emirates NBD collaborates with UAE’s largest payments company, Network International to launch

Standard Chartered Bank appoints CEO for its Branch in Saudi Arabia
November 24th, 2022 - 08:05 GMT

Standard Chartered Bank appoints CEO for its Branch in Saudi Arabia

BisB Launches Its Shop & Win Campaign Offering Cash Prizes and Reward Points
November 24th, 2022 - 07:17 GMT

BisB Launches Its Shop & Win Campaign Offering Cash Prizes and Reward Points

Bank ABC appoints Group Head of Corporates
November 23rd, 2022 - 03:39 GMT

Bank ABC appoints Group Head of Corporates

NBB Announces Al Watani Winners for October 2022
November 23rd, 2022 - 10:18 GMT

NBB Announces Al Watani Winners for October 2022

Gulf Capital Opens its New Global Headquarters in Abu Dhabi Global Market and Obtains an In-Principle Approval for an Asset Management License from ADGM Financial Services Regulatory Authority
November 23rd, 2022 - 07:34 GMT

Gulf Capital Opens its New Global Headquarters in Abu Dhabi Global Market and Obtains an In-Principle Approval for an Asset Management License from ADGM Financial Services Regulatory Authority

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