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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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ADIB Provides DH500 Million Sharia’A-compliant Financing Facility for the Development and Construction of Jubail Island
April 25th, 2022 - 08:48 GMT

ADIB Provides DH500 Million Sharia’A-compliant Financing Facility for the Development and Construction of Jubail Island

Burgan Bank Reports Strong Q1’22 Results
April 25th, 2022 - 08:37 GMT

Burgan Bank Reports Strong Q1’22 Results

Sharjah Islamic Bank’s Net Operating Profit Increased 17.1%, Net Profit 13.9%
April 24th, 2022 - 07:33 GMT

Sharjah Islamic Bank’s Net Operating Profit Increased 17.1%, Net Profit 13.9%

Kuwait Finance House – Bahrain Announces the Libshara Grand Prize Winner for March 2022
April 24th, 2022 - 06:48 GMT

Kuwait Finance House – Bahrain Announces the Libshara Grand Prize Winner for March 2022

Mastercard’s Priceless Planet Coalition Expands Forest Restoration Effort
April 20th, 2022 - 10:34 GMT

Mastercard’s Priceless Planet Coalition Expands Forest Restoration Effort

Burgan Bank Promotes the Spirit of Giving During the Holy Month of Ramadan Within Its Annual Gergeean Program
April 20th, 2022 - 10:18 GMT

Burgan Bank Promotes the Spirit of Giving During the Holy Month of Ramadan Within Its Annual Gergeean Program

KPMG Impact Plan 2022 Update
April 20th, 2022 - 08:23 GMT

KPMG Impact Plan 2022 Update

Burgan Bank Sponsors Kuwait Ramadan Squash Open Championship
April 20th, 2022 - 07:08 GMT

Burgan Bank Sponsors Kuwait Ramadan Squash Open Championship

Emirates NBD Celebrates the Holy Month of Ramadan With Community Initiatives Under #Welcomingblessings Campaign
April 19th, 2022 - 08:34 GMT

Emirates NBD Celebrates the Holy Month of Ramadan With Community Initiatives Under #Welcomingblessings Campaign

Banque Saudi Fransi Selects Backbase’s Engagement Banking Platform To Elevate Customers’ Digital Experiences
April 19th, 2022 - 06:58 GMT

Banque Saudi Fransi Selects Backbase’s Engagement Banking Platform To Elevate Customers’ Digital Experiences

NBO Shares the Spirit of Giving Across Oman During Ramadan
April 18th, 2022 - 06:54 GMT

NBO Shares the Spirit of Giving Across Oman During Ramadan

Burgan Bank Launches the Travel Carnival Campaign
April 18th, 2022 - 06:33 GMT

Burgan Bank Launches the Travel Carnival Campaign

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