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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 Islamic wins the MENA Islamic Finance Bank of the Year award by MEED
August 25th, 2022 - 11:10 GMT

Bank ABC Islamic wins the MENA Islamic Finance Bank of the Year award by MEED

Invest in Global Megatrends with FAB Thematic Rotation Fund
August 24th, 2022 - 07:32 GMT

Invest in Global Megatrends with FAB Thematic Rotation Fund

BisB Managers Successfully Gain CIBAFI’s Islamic Banker Certification
August 24th, 2022 - 09:05 GMT

BisB Managers Successfully Gain CIBAFI’s Islamic Banker Certification

Emirates NBD Strengthens Commitment To Sustainable Goals by Joining Fight Against Illegal Wildlife Trade
August 24th, 2022 - 08:52 GMT

Emirates NBD Strengthens Commitment To Sustainable Goals by Joining Fight Against Illegal Wildlife Trade

Burgan Bank Launches the Risk Culture and Conduct Framework Workshop to Empower Employees
August 24th, 2022 - 08:15 GMT

Burgan Bank Launches the Risk Culture and Conduct Framework Workshop to Empower Employees

Visa Appoints New UAE Country Manager & CEMEA Head of New Payment Flows
August 24th, 2022 - 07:45 GMT

Visa Appoints New UAE Country Manager & CEMEA Head of New Payment Flows

Kuwait Finance House – Bahrain Announces Mr. Mohamed Janahi as the Libshara Grand Prize Winner for the Month of July 2022
August 24th, 2022 - 05:32 GMT

Kuwait Finance House – Bahrain Announces Mr. Mohamed Janahi as the Libshara Grand Prize Winner for the Month of July 2022

Tokenisation in India: Everything You Need to Know
August 23rd, 2022 - 10:40 GMT

Tokenisation in India: Everything You Need to Know

BisB Launches ‘End-to-End’ Mobile Account Opening for Corporate Clients
August 21st, 2022 - 05:17 GMT

BisB Launches ‘End-to-End’ Mobile Account Opening for Corporate Clients

Emirates NBD Announces Grand Prize Winners of Mega Savings Promotion
August 18th, 2022 - 08:17 GMT

Emirates NBD Announces Grand Prize Winners of Mega Savings Promotion

India Seeks Public Feedback on Changes in Payment Systems
August 18th, 2022 - 06:50 GMT

India Seeks Public Feedback on Changes in Payment Systems

Emirates NBD Launches Global Call For Metaverse Start-ups To Transform the Future of Banking, Powered by Difc Fintech Hive and Microsoft
August 17th, 2022 - 09:37 GMT

Emirates NBD Launches Global Call For Metaverse Start-ups To Transform the Future of Banking, Powered by Difc Fintech Hive and Microsoft

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