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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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Embark on a culinary journey with Qatari chef Shams Al Qassabi through a priceless experience with Mastercard
November 23rd, 2022 - 07:11 GMT

Embark on a culinary journey with Qatari chef Shams Al Qassabi through a priceless experience with Mastercard

Dubai Islamic Bank successfully prices USD 750 million inaugural Sustainable Sukuk
November 23rd, 2022 - 06:35 GMT

Dubai Islamic Bank successfully prices USD 750 million inaugural Sustainable Sukuk

Al Salam Bank and Visa Sign Exclusive Partnership Agreement
November 22nd, 2022 - 03:37 GMT

Al Salam Bank and Visa Sign Exclusive Partnership Agreement

NBO Friday Offers Customers 10% Cash Back on Credit Card Purchases
November 22nd, 2022 - 08:42 GMT

NBO Friday Offers Customers 10% Cash Back on Credit Card Purchases

ADIB Securities ranks first in total trade value amongst ADX and DFM Banks’ affiliated brokerage firms
November 22nd, 2022 - 07:51 GMT

ADIB Securities ranks first in total trade value amongst ADX and DFM Banks’ affiliated brokerage firms

Ajman Bank Awarded Internal Audit  Quality Assurance Certification
November 22nd, 2022 - 07:21 GMT

Ajman Bank Awarded Internal Audit Quality Assurance Certification

NBB Extends Support to ‘Al Hekma Society for the Retired’ for Their Digital Platform Initiative
November 22nd, 2022 - 06:24 GMT

NBB Extends Support to ‘Al Hekma Society for the Retired’ for Their Digital Platform Initiative

Dubai Islamic Bank hosts 2022 Trade Club Alliance General Assembly in Dubai
November 21st, 2022 - 01:24 GMT

Dubai Islamic Bank hosts 2022 Trade Club Alliance General Assembly in Dubai

Al Salam Bank Launches Inspired to Grow Campaign
November 21st, 2022 - 08:36 GMT

Al Salam Bank Launches Inspired to Grow Campaign

NBO Marks 52nd National Day With Celebratory Event
November 21st, 2022 - 06:52 GMT

NBO Marks 52nd National Day With Celebratory Event

Burgan Bank Participates in the 2022 ICITAIEE
November 21st, 2022 - 05:56 GMT

Burgan Bank Participates in the 2022 ICITAIEE

ADGM partners with ADIB, RAKBANK and Wio Bank to support businesses in Abu Dhabi
November 20th, 2022 - 08:16 GMT

ADGM partners with ADIB, RAKBANK and Wio Bank to support businesses in Abu Dhabi

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