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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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RAKBANK and Kraken to Offer UAE's First AED-Denominated Virtual Asset Trading
July 18th, 2022 - 07:39 GMT

RAKBANK and Kraken to Offer UAE's First AED-Denominated Virtual Asset Trading

Harbi Mahmoud Najdi Ahmad Wins KD 4000 in Burgan Bank’s Value Account Draw
July 18th, 2022 - 06:40 GMT

Harbi Mahmoud Najdi Ahmad Wins KD 4000 in Burgan Bank’s Value Account Draw

Soaring International Energy Prices to Drive GCC Economic Growth Further
July 17th, 2022 - 07:30 GMT

Soaring International Energy Prices to Drive GCC Economic Growth Further

Kuwait Finance House Bahrain Provides Special Financing to People of Determination in Cooperation with Steps Rehabilitation Center
July 17th, 2022 - 06:18 GMT

Kuwait Finance House Bahrain Provides Special Financing to People of Determination in Cooperation with Steps Rehabilitation Center

BisB Achieves Second Place for the Kingdom’s Banking Sector
July 17th, 2022 - 05:46 GMT

BisB Achieves Second Place for the Kingdom’s Banking Sector

Bank ABC Named ‘Best Bank for Digital Solutions’ by Euromoney Awards for Excellence 2022
July 15th, 2022 - 06:52 GMT

Bank ABC Named ‘Best Bank for Digital Solutions’ by Euromoney Awards for Excellence 2022

ADCB Joins Arab Monetary Fund’s Buna System to Enhance Regional Cross-Border Payments
July 14th, 2022 - 07:23 GMT

ADCB Joins Arab Monetary Fund’s Buna System to Enhance Regional Cross-Border Payments

Mastercard Partners Fasset, Driving Digital and Financial Inclusion in Indonesia
July 14th, 2022 - 05:11 GMT

Mastercard Partners Fasset, Driving Digital and Financial Inclusion in Indonesia

BisB Organizes a Day-Out for Young Heroes as Part of the ‘Smile’ Initiative
July 13th, 2022 - 10:47 GMT

BisB Organizes a Day-Out for Young Heroes as Part of the ‘Smile’ Initiative

Emirates NBD launches ‘National Digital Talent Program’ to support UAE’s Ambition to be a Leader in Artificial Intelligence by 2031
July 13th, 2022 - 10:25 GMT

Emirates NBD launches ‘National Digital Talent Program’ to support UAE’s Ambition to be a Leader in Artificial Intelligence by 2031

Burgan Bank Organizes Internal Blood Donation Campaign
July 13th, 2022 - 09:48 GMT

Burgan Bank Organizes Internal Blood Donation Campaign

Burgan Bank Sponsors Kuwait University Career Fair
July 13th, 2022 - 08:16 GMT

Burgan Bank Sponsors Kuwait University Career Fair

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