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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 Participates in Ooredoo Business Football Tournament
October 26th, 2022 - 09:15 GMT

Burgan Bank Participates in Ooredoo Business Football Tournament

NBO strengthens bond with bangladeshi expat community for efficient remittance
October 26th, 2022 - 07:07 GMT

NBO strengthens bond with bangladeshi expat community for efficient remittance

Gulf bank of Kuwait and Mastercard revolutionise checkout experience by pioneering embedded click to pay technology
October 26th, 2022 - 06:23 GMT

Gulf bank of Kuwait and Mastercard revolutionise checkout experience by pioneering embedded click to pay technology

Burgan Bank Hosts Media Icon Bibi Alkhudari as Part of its ‘Burgan Talk’ Program Launch
October 25th, 2022 - 05:57 GMT

Burgan Bank Hosts Media Icon Bibi Alkhudari as Part of its ‘Burgan Talk’ Program Launch

NBB Collaborates with RCSI Bahrain to Provide Education Financing Solutions
October 25th, 2022 - 04:32 GMT

NBB Collaborates with RCSI Bahrain to Provide Education Financing Solutions

Emirates NBD marks breast cancer awareness month with heartfelt campaign focussing on people of determination
October 25th, 2022 - 09:52 GMT

Emirates NBD marks breast cancer awareness month with heartfelt campaign focussing on people of determination

Sharjah Islamic Bank's net profit increased by 24%
October 25th, 2022 - 09:09 GMT

Sharjah Islamic Bank's net profit increased by 24%

Digital trust matters as cybersecurity and privacy expectations increase
October 25th, 2022 - 08:52 GMT

Digital trust matters as cybersecurity and privacy expectations increase

Mastercard and BitOasis sign strategic partnership across MENA to launch crypto-linked cards
October 25th, 2022 - 08:44 GMT

Mastercard and BitOasis sign strategic partnership across MENA to launch crypto-linked cards

SICO
October 25th, 2022 - 08:35 GMT

SICO completes 100% acquisition of SICO Capital

OOMCO partners with taif altmayz for general trading to build first top-loading fuel station in duqm
October 25th, 2022 - 08:24 GMT

OOMCO partners with taif altmayz for general trading to build first top-loading fuel station in duqm

Dubai Islamic Bank nine months 2022 group financial results
October 25th, 2022 - 07:48 GMT

Dubai Islamic Bank nine months 2022 group financial results

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