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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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DIB Recognizes Top Players in the Automobile Industry
September 8th, 2022 - 07:54 GMT

DIB Recognizes Top Players in the Automobile Industry

BisB wins “Most Innovative Islamic Bank” Award in Bahrain
September 7th, 2022 - 10:24 GMT

BisB wins “Most Innovative Islamic Bank” Award in Bahrain

Honeywell and Emirates NBD To Collaborate on Advancing UAE Sustainability Goals
September 6th, 2022 - 04:16 GMT

Honeywell and Emirates NBD To Collaborate on Advancing UAE Sustainability Goals

Gulf International Bank Is the Lead Sponsor of the Euromoney Saudi Arabia Conference 2022
September 6th, 2022 - 03:39 GMT

Gulf International Bank Is the Lead Sponsor of the Euromoney Saudi Arabia Conference 2022

Boursa Kuwait wins “Most Sustainable Practices in ESG for 2022” award from Global Business Outlook
September 6th, 2022 - 10:02 GMT

Boursa Kuwait wins “Most Sustainable Practices in ESG for 2022” award from Global Business Outlook

Burgan Bank Announces Final Winner of the Al-thuraya Salary Account Monthly Draw
September 5th, 2022 - 03:55 GMT

Burgan Bank Announces Final Winner of the Al-thuraya Salary Account Monthly Draw

Al Salam Bank Launches Youth-Centered Scheme
September 5th, 2022 - 10:06 GMT

Al Salam Bank Launches Youth-Centered Scheme

UAE: Dubai's Salik to Sell 1.5 Billion Shares in IPO
September 5th, 2022 - 10:03 GMT

UAE: Dubai's Salik to Sell 1.5 Billion Shares in IPO

India: Reliance Power to Raise Long-Term Debt of Up to $150 Million
September 5th, 2022 - 07:30 GMT

India: Reliance Power to Raise Long-Term Debt of Up to $150 Million

Ajman Bank to Launch World's First Mastercard Touch Card, Driving Inclusion across UAE
September 5th, 2022 - 06:43 GMT

Ajman Bank to Launch World's First Mastercard Touch Card, Driving Inclusion across UAE

BisB Launches Future Leaders Camp in Partnership with INJAZ Bahrain
September 4th, 2022 - 06:26 GMT

BisB Launches Future Leaders Camp in Partnership with INJAZ Bahrain

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
September 4th, 2022 - 05:36 GMT

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

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