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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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Eshraq Investments reports its highest ever quarterly profit in its history of Dh474 million for Q3 2022;
November 11th, 2022 - 07:47 GMT

Eshraq Investments reports its highest ever quarterly profit in its history of Dh474 million for Q3 2022;

Al Salam Bank Partners with ‘The Bahrain Life’ to Enable Clients to Save More Through Exclusive Offers
November 10th, 2022 - 05:09 GMT

Al Salam Bank Partners with ‘The Bahrain Life’ to Enable Clients to Save More Through Exclusive Offers

UAB Reports Net Profit of Dh119 Million For the First Nine Months of 2022
November 10th, 2022 - 10:25 GMT

UAB Reports Net Profit of Dh119 Million For the First Nine Months of 2022

Burgan Bank Organizes Hands-On Training Program for Young Kuwaiti Professionals
November 10th, 2022 - 10:15 GMT

Burgan Bank Organizes Hands-On Training Program for Young Kuwaiti Professionals

Kuwait Finance House – Bahrain Congratulates the Winner of the Libshara USD 100,000 Prize for the Month of September 2022
November 10th, 2022 - 06:24 GMT

Kuwait Finance House – Bahrain Congratulates the Winner of the Libshara USD 100,000 Prize for the Month of September 2022

FAB takes part in COP27 panel to explore the future of NZBA in the MENA region
November 10th, 2022 - 06:09 GMT

FAB takes part in COP27 panel to explore the future of NZBA in the MENA region

Mastercard introduces Samsung Wallet in Qatar to elevate cardholders’ purchasing experience
November 9th, 2022 - 10:12 GMT

Mastercard introduces Samsung Wallet in Qatar to elevate cardholders’ purchasing experience

NBO introduces new escrow account services to strengthen Oman’s real estate sector
November 9th, 2022 - 08:41 GMT

NBO introduces new escrow account services to strengthen Oman’s real estate sector

Al Salam Bank Launches its Internship Program for Bahraini Graduates
November 8th, 2022 - 05:23 GMT

Al Salam Bank Launches its Internship Program for Bahraini Graduates

NBB partners with LinkedIn to further invest in and uplift its corporate brand
November 8th, 2022 - 09:57 GMT

NBB partners with LinkedIn to further invest in and uplift its corporate brand

Deliveroo Partners with Burgan Bank in its First Edition of Padel Tournament
November 8th, 2022 - 09:44 GMT

Deliveroo Partners with Burgan Bank in its First Edition of Padel Tournament

Scaling crypto innovation, from blockchain-based media to WEB3 for emerging markets and beyond
November 8th, 2022 - 06:07 GMT

Scaling crypto innovation, from blockchain-based media to WEB3 for emerging markets and beyond

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