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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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Burgan Bank Wins J.P. Morgan’s ‘Elite Quality Recognition’ Award for 2021
July 3rd, 2022 - 05:15 GMT

Burgan Bank Wins J.P. Morgan’s ‘Elite Quality Recognition’ Award for 2021

Emirates Development Bank Approves Trade Finance Facility for JLW to Execute a Data Center in Masdar
July 1st, 2022 - 06:53 GMT

Emirates Development Bank Approves Trade Finance Facility for JLW to Execute a Data Center in Masdar

Sharjah Islamic Bank Organises Workshop on “Success Keys To Excel In Career”
June 30th, 2022 - 10:18 GMT

Sharjah Islamic Bank Organizes Workshop on “Success Keys To Excel In Career”

Burgan Bank Welcomes Talents With Disabilities Into Its Family
June 30th, 2022 - 10:10 GMT

Burgan Bank Welcomes Talents With Disabilities Into Its Family

Burgan Bank Continues Its Support For The ‘let's Be Aware’ Financial Literacy Campaign
June 29th, 2022 - 11:47 GMT

Burgan Bank Continues Its Support For The ‘let's Be Aware’ Financial Literacy Campaign

DIB Becomes First Islamic Bank To Join ‘Buna’ The Middle East’s New Clearing And Settlement Payment Platform
June 29th, 2022 - 11:16 GMT

DIB Becomes First Islamic Bank To Join ‘Buna’ The Middle East’s New Clearing And Settlement Payment Platform

Boursa Kuwait And MEIRA Host Seminar To Highlight The Motivations Of GCC Retail Investors
June 29th, 2022 - 10:54 GMT

Boursa Kuwait And MEIRA Host Seminar To Highlight The Motivations Of GCC Retail Investors

National Bank Of Oman Launches Private Banking
June 29th, 2022 - 08:55 GMT

National Bank Of Oman Launches Private Banking

Al Salam Bank Sponsors Injaz Bahrain’s Signature Award For Young Entrepreneurs
June 29th, 2022 - 07:18 GMT

Al Salam Bank Sponsors Injaz Bahrain’s Signature Award For Young Entrepreneurs

Adib Offers First-ever Plot Finance Facilities In Response To Rising Demand For Land Ownership
June 29th, 2022 - 07:04 GMT

ADIB Offers First-ever Plot Finance Facilities In Response To Rising Demand For Land Ownership

Burgan Bank Continues Its Support For The ‘let's Be Aware’ Financial Literacy Campaign
June 29th, 2022 - 06:56 GMT

Burgan Bank Continues Its Support For The ‘let's Be Aware’ Financial Literacy Campaign

Burgan Bank offers Free Eidiya Delivery Service to Premier Banking & Private Banking Customers
June 28th, 2022 - 09:33 GMT

Burgan Bank offers Free Eidiya Delivery Service to Premier Banking & Private Banking Customers

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