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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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Mastercard Launches its First-Ever Music Album: Priceless®
June 27th, 2022 - 11:31 GMT

Mastercard Launches its First-Ever Music Album: Priceless®

KPMG: Banks In Pursuit Of Purpose-led And Customer-centric Strategies As They Gravitate Towards Sustainable Growth
June 27th, 2022 - 11:14 GMT

KPMG: Banks In Pursuit Of Purpose-led And Customer-centric Strategies As They Gravitate Towards Sustainable Growth

Kuwait Finance House – Bahrain Conducts The Libshara Prize Draw For May 2022 And Announces Eidiya Prize Winners
June 27th, 2022 - 11:05 GMT

Kuwait Finance House – Bahrain Conducts The Libshara Prize Draw For May 2022 And Announces Eidiya Prize Winners

Burgan Bank Inaugurates its Innovation Lab
June 27th, 2022 - 08:29 GMT

Burgan Bank Inaugurates its Innovation Lab

Al Salam Bank Sponsors Award For The Second Consecutive Year At BIBF Ceremony Honoring Bangor University Graduates
June 23rd, 2022 - 09:58 GMT

Al Salam Bank Sponsors Award For The Second Consecutive Year At BIBF Ceremony Honoring Bangor University Graduates

WhatsApp Partners with Neo-Bank In India to Power Seamless Cashback Transactions
June 23rd, 2022 - 09:33 GMT

WhatsApp Partners with Neo-Bank In India to Power Seamless Cashback Transactions

KPMG Report: Autonomous Universities Offer Distinctive Advantages for Saudi Arabia
June 23rd, 2022 - 09:29 GMT

KPMG Report: Autonomous Universities Offer Distinctive Advantages for Saudi Arabia

Mastercard Strengthens Leadership Team To Accelerate Growth Across Middle East And North Africa
June 23rd, 2022 - 08:29 GMT

Mastercard Strengthens Leadership Team To Accelerate Growth Across Middle East And North Africa

ADIB And Visa Sign Exclusive Partnership Deal
June 23rd, 2022 - 07:55 GMT

ADIB And Visa Sign Exclusive Partnership Deal

Burgan Bank Convenes its 57th Ordinary General Meeting
June 23rd, 2022 - 07:48 GMT

Burgan Bank Convenes its 57th Ordinary General Meeting

Emirates Development Bank Heralded By UAE Industry Leaders At The Make It In The Emirates Forum
June 23rd, 2022 - 07:31 GMT

Emirates Development Bank Heralded By UAE Industry Leaders At The Make It In The Emirates Forum

Bank ABC Invites Autonomous Financial Advisory Solution Providers To Participate In Its Innovation Challenge Closing On June 26
June 23rd, 2022 - 05:05 GMT

Bank ABC Invites Autonomous Financial Advisory Solution Providers To Participate In Its Innovation Challenge Closing On June 26

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