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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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Gulf International Bank Issues Inaugural Sustainability Report
May 12th, 2022 - 06:38 GMT

Gulf International Bank Issues Inaugural Sustainability Report

Emirates Islamic launches Super Savings Etihad Guest Account
May 11th, 2022 - 09:11 GMT

Emirates Islamic launches Super Savings Etihad Guest Account

Kamel Pay and Mastercard Launch New Card Propositions To Drive Financial Inclusion in the Uae
May 11th, 2022 - 09:00 GMT

Kamel Pay and Mastercard Launch New Card Propositions To Drive Financial Inclusion in the UAE

ADIB Arranges  Dh495 Million in Shari’A-compliant Financing to Finance Two Gas Carriers
May 11th, 2022 - 07:52 GMT

ADIB Arranges Dh495 Million in Shari’A-compliant Financing to Finance Two Gas Carriers

BisB Continues Supporting Enterprises
May 10th, 2022 - 06:06 GMT

BisB Continues Supporting Enterprises

White House Announces New Sanctions on Major Russian Bank Execs
May 9th, 2022 - 11:00 GMT

White House Announces New Sanctions on Major Russian Bank Execs

Burgan Bank Announces the Winner of the Al-thuraya Salary Account Monthly Draw
May 9th, 2022 - 05:24 GMT

Burgan Bank Announces the Winner of the Al-thuraya Salary Account Monthly Draw

NBO Offers Credit Card Customers a Chance To Win FIFA World Cup Quarter-final Match Tickets, Thanks to Visa
May 9th, 2022 - 05:07 GMT

NBO Offers Credit Card Customers a Chance To Win FIFA World Cup Quarter-final Match Tickets, Thanks to Visa

Kuwait Finance House – Bahrain Wins Prestigious Award from CitiBank
May 9th, 2022 - 04:45 GMT

Kuwait Finance House – Bahrain Wins Prestigious Award from CitiBank

Emirates NBD Strengthens Commitment to ESG Agenda
May 8th, 2022 - 05:04 GMT

Emirates NBD Strengthens Commitment to ESG Agenda

China Holds Emergency Meeting with Top Bank Executives Amid Concerns of Potential US Sanctions
May 1st, 2022 - 10:03 GMT

China Holds Emergency Meeting with Top Bank Executives Amid Concerns of Potential US Sanctions

Burgan Bank Supports CBK’s Eidity Campaign
April 29th, 2022 - 07:49 GMT

Burgan Bank Supports CBK’s Eidity Campaign

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