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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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NBO Showcases the Next Generation of Banking and Finance Technology at Comex 2022
May 24th, 2022 - 10:47 GMT

NBO Showcases the Next Generation of Banking and Finance Technology at Comex 2022

Ajman Bank Opens a New  Branch on Sheikh Zayed Road
May 24th, 2022 - 07:09 GMT

Ajman Bank Opens a New Branch on Sheikh Zayed Road

Kuwait Finance House Bahrain Announces Libshara Winners for April 2022 and Eid Al-Fitr
May 23rd, 2022 - 09:51 GMT

Kuwait Finance House Bahrain Announces Libshara Winners for April 2022 and Eid Al-Fitr

ADIB Extends Home Finance Facilities To Retail Buyers on Jubail Island With Exclusive Offer
May 23rd, 2022 - 08:12 GMT

ADIB Extends Home Finance Facilities To Retail Buyers on Jubail Island With Exclusive Offer

Al Salam Bank Inaugurates its Educational Mock-Up Branch at the Canadian School of Bahrain
May 23rd, 2022 - 06:15 GMT

Al Salam Bank Inaugurates its Educational Mock-Up Branch at the Canadian School of Bahrain

Burgan Bank Sponsors the Ahmadi Music Group Beethoven Concert
May 22nd, 2022 - 10:22 GMT

Burgan Bank Sponsors the Ahmadi Music Group Beethoven Concert

Emirates Development Bank discusses collaboration with Poland’s national development bank, BGK
May 22nd, 2022 - 09:21 GMT

Emirates Development Bank discusses collaboration with Poland’s national development bank, BGK

NBO Wins MEA Finance Award 2022 for Corporate Banking Innovation
May 22nd, 2022 - 06:02 GMT

NBO Wins MEA Finance Award 2022 for Corporate Banking Innovation

Graham FitzGerald named new CEO of Al Masraf
May 20th, 2022 - 02:50 GMT

Graham FitzGerald named new CEO of Al Masraf

The CEO of Sharjah Islamic Bank wins the Best CEO award in the Islamic banking sector
May 19th, 2022 - 10:24 GMT

The CEO of Sharjah Islamic Bank wins the Best CEO award in the Islamic banking sector

NBO’s Insurance Plans Ensure Customers Can Enjoy the Life They’ve Dreamed Of
May 19th, 2022 - 06:48 GMT

NBO’s Insurance Plans Ensure Customers Can Enjoy the Life They’ve Dreamed Of

OPay and Mastercard announce strategic partnership to grow cashless ecosystem and advance digital financial inclusion for millions
May 19th, 2022 - 05:26 GMT

OPay and Mastercard announce strategic partnership to grow cashless ecosystem and advance digital financial inclusion for millions

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