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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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Sarkhou: What differentiates Kamco Invest is the quality of its earnings and its diversified revenue model
May 18th, 2022 - 07:37 GMT

Sarkhou: What differentiates Kamco Invest is the quality of its earnings and its diversified revenue model

Mastercard unleashes new era of biometric payments to enhance the check-out experience
May 18th, 2022 - 07:06 GMT

Mastercard unleashes new era of biometric payments to enhance the check-out experience

Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland
May 16th, 2022 - 10:44 GMT

Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland

Gulf International Bank Achieves 62% Increase in First Quarter Net Profit
May 15th, 2022 - 08:54 GMT

Gulf International Bank Achieves 62% Increase in First Quarter Net Profit

Bank ABC Islamic announces first quarter 2022 net profit of US$8.8 million
May 15th, 2022 - 06:13 GMT

Bank ABC Islamic announces first quarter 2022 net profit of US$8.8 million

Al Salam Bank Launches its Revamped Danat eGift for 2022
May 15th, 2022 - 06:11 GMT

Al Salam Bank Launches its Revamped Danat eGift for 2022

BisB Receives Riffa Views International School Students
May 15th, 2022 - 06:03 GMT

BisB Receives Riffa Views International School Students

NBO Launches Tamayuz Career Development Program for 58 High-potential Future Leaders
May 15th, 2022 - 06:01 GMT

NBO Launches Tamayuz Career Development Program for 58 High-potential Future Leaders

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
May 15th, 2022 - 05:54 GMT

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

Al Salam Bank Announces Financial Results for the First Quarter Ended 31 March 2022
May 13th, 2022 - 05:19 GMT

Al Salam Bank Announces Financial Results for the First Quarter Ended 31 March 2022

Kuwait Finance House – Bahrain Official Financier of a Solar Energy Farm at the Bahrain International Circuit
May 13th, 2022 - 05:07 GMT

Kuwait Finance House – Bahrain Official Financier of a Solar Energy Farm at the Bahrain International Circuit

Kamco Invest reports net profit of KWD3.6mn for the first quarter of 2022
May 12th, 2022 - 09:39 GMT

Kamco Invest reports net profit of KWD3.6mn for the first quarter of 2022

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