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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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Emirates NBD Launches Mega Foreign Exchange Customer Promotion
September 2nd, 2022 - 06:31 GMT

Emirates NBD Launches Mega Foreign Exchange Customer Promotion

Ajman Bank to Launch World’s First Mastercard Touch Card,  Driving Inclusion
September 2nd, 2022 - 05:34 GMT

Ajman Bank to Launch World’s First Mastercard Touch Card, Driving Inclusion

Bank ABC Emerges the Middle East Winner of the Banker Transaction Banking Awards 2022
September 2nd, 2022 - 05:25 GMT

Bank ABC Emerges the Middle East Winner of the Banker Transaction Banking Awards 2022

Ajman Bank to Launch World’s First Mastercard Touch Card,  Driving Inclusion Across Uae
September 1st, 2022 - 09:48 GMT

Ajman Bank to Launch World’s First Mastercard Touch Card, Driving Inclusion Across UAE

Final Call For Techpreneurs: KPMG Kuwait Set to Kick-off the Global Tech Innovator Competition
September 1st, 2022 - 09:44 GMT

Final Call For Techpreneurs: KPMG Kuwait Set to Kick-off the Global Tech Innovator Competition

Five Reporting Financial Institutions Fined by the ADGM Financial Services Regulatory Authority for Breaching Common Reporting Standard Regulations
September 1st, 2022 - 09:41 GMT

Five Reporting Financial Institutions Fined by the ADGM Financial Services Regulatory Authority for Breaching Common Reporting Standard Regulations

Burgan Bank Rolls Out New Sustainability Initiatives at its Head Office
August 31st, 2022 - 06:26 GMT

Burgan Bank Rolls Out New Sustainability Initiatives at its Head Office

China Arrests 234 People Involved In Provincial Banking Scam
August 30th, 2022 - 08:00 GMT

China Arrests 234 People Involved In Provincial Banking Scam

Emirates NBD pays a poetic tribute to pioneering women on Emirati Women’s Day
August 29th, 2022 - 11:23 GMT

Emirates NBD pays a poetic tribute to pioneering women on Emirati Women’s Day

Emirates Islamic offers Visa cardholders a chance to watch FIFA World Cup Qatar 2022™ live, thanks to Visa
August 29th, 2022 - 09:06 GMT

Emirates Islamic offers Visa cardholders a chance to watch FIFA World Cup Qatar 2022™ live, thanks to Visa

Egypt Cancels Maximum Cash Deposit Limit in Banks
August 28th, 2022 - 10:00 GMT

Egypt Cancels Maximum Cash Deposit Limit in Banks

Al Salam Bank Concludes its 16th Annual Summer Graduate Internship Program
August 28th, 2022 - 04:57 GMT

Al Salam Bank Concludes its 16th Annual Summer Graduate Internship Program

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