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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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Bank ABC’s Revolutionary ‘Ila Bank’ Takes Its First Step Towards Global Expansion
October 10th, 2022 - 06:59 GMT

Bank ABC’s Revolutionary ‘Ila Bank’ Takes Its First Step Towards Global Expansion

Burgan Bank Announces the Name of the Quarterly Draw Winner of Kanz Account
October 10th, 2022 - 06:41 GMT

Burgan Bank Announces the Name of the Quarterly Draw Winner of Kanz Account

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
October 9th, 2022 - 08:17 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

NBO Supports Dar Al Hanan by Rennovating Child Cancer Patients Play Area
October 6th, 2022 - 01:20 GMT

NBO Supports Dar Al Hanan by Rennovating Child Cancer Patients Play Area

Emirates Development Bank Reiterates Commitment to UAE Food Security and Self-reliance at Future Food Forum 2022
October 6th, 2022 - 01:01 GMT

Emirates Development Bank Reiterates Commitment to UAE Food Security and Self-reliance at Future Food Forum 2022

Digital first bank, Emirates NBD marks presence at world’s largest tech show, GITEX Global 2022
October 6th, 2022 - 10:09 GMT

Digital first bank, Emirates NBD marks presence at world’s largest tech show, GITEX Global 2022

Ajman Bank Signs Agreement With Vaultspay To Implement Innovative Payment Solutions
October 6th, 2022 - 07:51 GMT

Ajman Bank Signs Agreement With Vaultspay To Implement Innovative Payment Solutions

Ajman Bank Signs Agreement with VaultsPay  to Implement Innovative Payment Solutions
October 5th, 2022 - 04:08 GMT

Ajman Bank Signs Agreement with VaultsPay to Implement Innovative Payment Solutions

ADIB Amwali sees rapid growth in the first year of its operation
October 5th, 2022 - 03:55 GMT

ADIB Amwali sees rapid growth in the first year of its operation

Kuwait Finance House – Bahrain Launches Its Wealth Management Platform
October 5th, 2022 - 02:52 GMT

Kuwait Finance House – Bahrain Launches Its Wealth Management Platform

Boursa Kuwait Rings the Bell for Financial Literacy during “World Investor Week”
October 5th, 2022 - 02:34 GMT

Boursa Kuwait Rings the Bell for Financial Literacy during “World Investor Week”

Kuwait Finance House – Bahrain Commences ‘Waed’ Graduate Trainee Program
October 5th, 2022 - 07:15 GMT

Kuwait Finance House – Bahrain Commences ‘Waed’ Graduate Trainee Program

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