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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 Launches “Apply Now” Feature Across its Digital Channels
October 25th, 2022 - 07:10 GMT

Burgan Bank Launches “Apply Now” Feature Across its Digital Channels

NBB Collaborates with Mastercard to Launch 100% Recycled Cards
October 24th, 2022 - 03:13 GMT

NBB Collaborates with Mastercard to Launch 100% Recycled Cards

ADCB reports record quarterly net profit of  Dh1.591 BN, up 25% yoy, and 9M’22 net profit of Dh 4.650 BN, up 22%
October 24th, 2022 - 03:00 GMT

ADCB reports record quarterly net profit of Dh1.591 BN, up 25% yoy, and 9M’22 net profit of Dh 4.650 BN, up 22%

NBO marks omani women’s day by celebrating their achievements and growth
October 24th, 2022 - 02:46 GMT

NBO marks omani women’s day by celebrating their achievements and growth

Boursa Kuwait lights its building in blue for Climate Action during United Nations Day 2022
October 24th, 2022 - 09:10 GMT

Boursa Kuwait lights its building in blue for Climate Action during United Nations Day 2022

NBB Group Launches ESG Academy
October 24th, 2022 - 08:50 GMT

NBB Group Launches ESG Academy

Burgan Bank Enhances its Financial Management Services with a Cash Management Mobile App
October 24th, 2022 - 07:48 GMT

Burgan Bank Enhances its Financial Management Services with a Cash Management Mobile App

Burgan Bank Sponsors and Participates in the 2022 Australian University in Kuwait Employment Fair
October 24th, 2022 - 07:25 GMT

Burgan Bank Sponsors and Participates in the 2022 Australian University in Kuwait Employment Fair

Burgan Bank Announces Positive Results for the First Nine Months of 2022
October 23rd, 2022 - 06:48 GMT

Burgan Bank Announces Positive Results for the First Nine Months of 2022

NBB Takes the Lead Across All Sectors in the Arab World
October 23rd, 2022 - 06:28 GMT

NBB Takes the Lead Across All Sectors in the Arab World

ADCB Ranked Top GCC Bank in Forbes “World’s Best Employers 2022” Survey
October 21st, 2022 - 07:53 GMT

ADCB Ranked Top GCC Bank in Forbes “World’s Best Employers 2022” Survey

Dubai Islamic Bank Publishes Its Sustainable Finance Framework
October 21st, 2022 - 07:20 GMT

Dubai Islamic Bank Publishes Its Sustainable Finance Framework

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