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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 Study Advocates Financial Inclusion As A Driver For Better Access To Health And Education
June 6th, 2022 - 07:36 GMT

Mastercard Study Advocates Financial Inclusion As A Driver For Better Access To Health And Education

KPMG in Bahrain to Showcase the Importance of Innovation and Digitalization For Entrepreneurs During a Seminar
June 6th, 2022 - 06:51 GMT

KPMG in Bahrain to Showcase the Importance of Innovation and Digitalization For Entrepreneurs During a Seminar

Emirates Development Bank to Participate in Bonds, Loans & Sukuk Middle East in Dubai on June 7-8
June 6th, 2022 - 05:23 GMT

Emirates Development Bank to Participate in Bonds, Loans & Sukuk Middle East in Dubai on June 7-8

Burgan Bank Celebrates its Graduates from the Kafa’a Leadership Development Program
June 6th, 2022 - 04:53 GMT

Burgan Bank Celebrates its Graduates from the Kafa’a Leadership Development Program

Saudi PIF Acquires 24% Stake In Jordan's Capital Bank Group
June 5th, 2022 - 09:26 GMT

Saudi PIF Acquires 24% Stake In Jordan's Capital Bank Group

Mashreq Appoints Industry Stalwart To Lead Business Banking & NEOBiz Propositions
June 5th, 2022 - 06:34 GMT

Mashreq Appoints Industry Stalwart To Lead Business Banking & NEOBiz Propositions

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
June 5th, 2022 - 05:49 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

Muzn Named The Banker’s Islamic Bank Of The Year 2022
June 5th, 2022 - 05:33 GMT

Muzn Named The Banker’s Islamic Bank Of The Year 2022

KPMG Publishes GCC Listed Banks’ Results (FY22); Kuwait’s net Profit by Average and RoE Highest in the Sector
June 5th, 2022 - 05:02 GMT

KPMG Publishes GCC Listed Banks’ Results (FY22); Kuwait’s net Profit by Average and RoE Highest in the Sector

Abu Dhabi Investment Office and Access Abu Dhabi Team up with Unstoppable Domains to Give all Women in the UAE Capital Free Crypto, NFT and Blockchain Domains
June 2nd, 2022 - 08:20 GMT

Abu Dhabi Investment Office and Access Abu Dhabi Team up with Unstoppable Domains to Give all Women in the UAE Capital Free Crypto, NFT and Blockchain Domains

Emirates Development Bank Signs Mou with Hamriyah Free Zone and Sharjah Airport International Free Zone to Enhance Bankability of Startups and SMEs
June 1st, 2022 - 11:35 GMT

Emirates Development Bank Signs Mou with Hamriyah Free Zone and Sharjah Airport International Free Zone to Enhance Bankability of Startups and SMEs

ADIB Witnesses a Significant Increase in Its Digital Banking Channels Usage
June 1st, 2022 - 09:19 GMT

ADIB Witnesses a Significant Increase in Its Digital Banking Channels Usage

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