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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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Boursa Kuwait’s net profit increases by 36.8% for the first half of 2022
August 2nd, 2022 - 04:42 GMT

Boursa Kuwait’s net profit increases by 36.8% for the first half of 2022

BisB Appoints Naeema Taheri as Chief Compliance Officer
August 2nd, 2022 - 11:54 GMT

BisB Appoints Naeema Taheri as Chief Compliance Officer

Al Salam Bank Implements RPA Solution in line with its Digital Transformation Journey 
August 2nd, 2022 - 11:35 GMT

Al Salam Bank Implements RPA Solution in line with its Digital Transformation Journey 

Mastercard New Payments Index 2022: Consumers in MENA Embrace Digital Payments
August 2nd, 2022 - 11:23 GMT

Mastercard New Payments Index 2022: Consumers in MENA Embrace Digital Payments

Markaz:  GCC markets recover in July in line with global markets; Oil decline by 4.2%
August 2nd, 2022 - 09:30 GMT

Markaz:  GCC markets recover in July in line with global markets; Oil decline by 4.2%

Bank ABC named as Best Bank for "Innovation in Digital Banking" in the Middle East by The Banker
August 2nd, 2022 - 06:45 GMT

Bank ABC named as Best Bank for "Innovation in Digital Banking" in the Middle East by The Banker

Abu Dhabi Islamic Bank Named as the Most Innovative Islamic Bank by Islamic Finance News
August 1st, 2022 - 10:30 GMT

Abu Dhabi Islamic Bank Named as the Most Innovative Islamic Bank by Islamic Finance News

BisB Installs Solar Energy Panels at its Arad and Hamad Town Financial Malls 
August 1st, 2022 - 10:19 GMT

BisB Installs Solar Energy Panels at its Arad and Hamad Town Financial Malls 

Arab Bank Group profits grow by 38% to $252 million for the first half of 2022
July 31st, 2022 - 05:55 GMT

Arab Bank Group profits grow by 38% to $252 million for the first half of 2022

NBO Named Best Private Bank Oman 2022 at World Economic Magazine Awards
July 31st, 2022 - 05:51 GMT

NBO Named Best Private Bank Oman 2022 at World Economic Magazine Awards

DFSA appoints new Chief Executive 
July 29th, 2022 - 10:20 GMT

DFSA appoints new Chief Executive 

Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses
July 29th, 2022 - 09:48 GMT

Mastercard Installments Gains Traction with New Global Partners and Support for Small Businesses

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