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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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KPMG In Bahrain To Host A Seminar On The Changing Tax Landscape In The Region
June 13th, 2022 - 04:56 GMT

KPMG In Bahrain To Host A Seminar On The Changing Tax Landscape In The Region

Kuwait Finance House – Bahrain Partners With The Bahrain Down Syndrome Society
June 12th, 2022 - 05:03 GMT

Kuwait Finance House – Bahrain Partners With The Bahrain Down Syndrome Society

NBO Partners With Fairtrade Auto Services To Offer Private Banking And Sadara Customers Exclusive Priveleges
June 8th, 2022 - 09:41 GMT

NBO Partners With Fairtrade Auto Services To Offer Private Banking And Sadara Customers Exclusive Priveleges

First Abu Dhabi Bank Offers ADGM Registered Entities Preferential Banking Services
June 8th, 2022 - 07:55 GMT

First Abu Dhabi Bank Offers ADGM Registered Entities Preferential Banking Services

2021, a year that Saw a ‘A New Reality’ Emerge in the GCC Banking Sector as Financial Results Rebound
June 8th, 2022 - 06:06 GMT

2021, a year that Saw a ‘A New Reality’ Emerge in the GCC Banking Sector as Financial Results Rebound

Al Salam Bank Launches A New Edition Of  Al Salam Life Planning Account
June 8th, 2022 - 05:53 GMT

Al Salam Bank Launches A New Edition Of Al Salam Life Planning Account

Mastercard Strengthens Digital Payment Capabilities Across Eastern Europe, Middle East and Africa (EEMEA)
June 8th, 2022 - 05:29 GMT

Mastercard Strengthens Digital Payment Capabilities Across Eastern Europe, Middle East and Africa (EEMEA)

Mastercard Strengthens Digital Payment Capabilities Across Eastern Europe, Middle East and Africa (EEMEA)
June 7th, 2022 - 09:09 GMT

Mastercard Strengthens Digital Payment Capabilities Across Eastern Europe, Middle East and Africa (EEMEA)

Emirates Islamic announces Grand Prize winners of Kunooz Savings Account for May 2022 
June 7th, 2022 - 09:03 GMT

Emirates Islamic announces Grand Prize winners of Kunooz Savings Account for May 2022 

DIFC Advances Dubai's Status as Preferred Global Financial and Innovation Hub with US Institutions
June 7th, 2022 - 06:23 GMT

DIFC Advances Dubai's Status as Preferred Global Financial and Innovation Hub with US Institutions

NBO Welcomes Ministry Of Housing And Urban Planning For Leadership Session
June 6th, 2022 - 10:16 GMT

NBO Welcomes Ministry Of Housing And Urban Planning For Leadership Session

ADIB Awarded Customer Experience Certificate By The International Customer Experience Institute (Icxs)
June 6th, 2022 - 10:01 GMT

ADIB Awarded Customer Experience Certificate By The International Customer Experience Institute (Icxs)

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