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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 Announces H1 2022 results  with a Net Profit of $70 Million Attributable To The Shareholders of the Parent
August 11th, 2022 - 06:52 GMT

Bank ABC Announces H1 2022 results with a Net Profit of $70 Million Attributable To The Shareholders of the Parent

Gulf International Bank Achieves 121% In Net Profit for the First Half of 2022
August 10th, 2022 - 11:05 GMT

Gulf International Bank Achieves 121% In Net Profit for the First Half of 2022

Emirates Islamic wins global awards for ‘Best Islamic Bank in UAE’, ‘Best Islamic Bank for Customer Experience’ and ‘Best Credit Card’
August 10th, 2022 - 10:40 GMT

Emirates Islamic wins global awards for ‘Best Islamic Bank in UAE’, ‘Best Islamic Bank for Customer Experience’ and ‘Best Credit Card’

NBO Offers Bulk Cash and Cheque Deposits at Full Function Machines
August 9th, 2022 - 07:39 GMT

NBO Offers Bulk Cash and Cheque Deposits at Full Function Machines

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw
August 8th, 2022 - 09:18 GMT

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

NBO’S Hassan Al Lawati Joins National Parasailing Team For European Championships For The Disabled
August 8th, 2022 - 07:11 GMT

NBO’S Hassan Al Lawati Joins National Parasailing Team For European Championships For The Disabled

ADIB Receives Proshred and Enviroserve Accreditation in Recognition For its Efforts to Implement Environmentally Sustainable Initiatives
August 8th, 2022 - 06:15 GMT

ADIB Receives Proshred and Enviroserve Accreditation in Recognition For its Efforts to Implement Environmentally Sustainable Initiatives

Emirates Development Bank approves AED2.4 Billion in Finance During H1 2022 to Empower the UAE Industrial Sector
August 7th, 2022 - 07:39 GMT

Emirates Development Bank approves AED2.4 Billion in Finance During H1 2022 to Empower the UAE Industrial Sector

Kuwait Finance House – Bahrain Offers Education Financing to Applied Science University’s Students
August 7th, 2022 - 06:05 GMT

Kuwait Finance House – Bahrain Offers Education Financing to Applied Science University’s Students

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
August 7th, 2022 - 05:42 GMT

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

ADIB hosts 6th edition of 'Speed Meeting' in collaboration with DIFC FinTech Hive
August 4th, 2022 - 06:44 GMT

ADIB hosts 6th edition of 'Speed Meeting' in collaboration with DIFC FinTech Hive

NBO’s Welcomes a New Batch of Young Omani Interns 
August 2nd, 2022 - 04:53 GMT

NBO’s Welcomes a New Batch of Young Omani Interns 

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