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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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Al Baraka Islamic Bank Launches Exclusive Real Estate Financing Solutions to Customers
April 18th, 2022 - 06:21 GMT

Al Baraka Islamic Bank Launches Exclusive Real Estate Financing Solutions to Customers

Al Salam Bank Hands Over the Largest Number of Villas in Deerat Al Oyoun’s Final Phase  In Record Time
April 18th, 2022 - 05:31 GMT

Al Salam Bank Hands Over the Largest Number of Villas in Deerat Al Oyoun’s Final Phase In Record Time

Kuwait Finance House – Bahrain Wins ‘Best Islamic Bank in Bahrain’ Award at EMEA Finance Awards
April 17th, 2022 - 07:01 GMT

Kuwait Finance House – Bahrain Wins ‘Best Islamic Bank in Bahrain’ Award at EMEA Finance Awards

UAE's Top Lender Withdraws Bid for EFG-Hermes
April 14th, 2022 - 07:33 GMT

UAE's Top Lender Withdraws Bid for EFG-Hermes

Burgan Bank Concludes Successful Sponsorship of the Women’s Football League
April 14th, 2022 - 06:25 GMT

Burgan Bank Concludes Successful Sponsorship of the Women’s Football League

BisB Collaborates With Injaz Bahrain for the Workshop  “World of Innovation”
April 13th, 2022 - 09:46 GMT

BisB Collaborates With Injaz Bahrain for the Workshop “World of Innovation”

Mastercard and World Food Programme Partner To Feed 1 Million Vulnerable Schoolchildren This Ramadan, With Support From Amazon
April 13th, 2022 - 09:29 GMT

Mastercard and World Food Programme Partner To Feed 1 Million Vulnerable Schoolchildren This Ramadan, With Support From Amazon

Burgan Bank Launches Fast International Transfer Service in Collaboration with Mastercard
April 13th, 2022 - 05:55 GMT

Burgan Bank Launches Fast International Transfer Service in Collaboration with Mastercard

Kuwait Finance House-Bahrain Announces the Winners of ‘Year on Us’ Campaign
April 12th, 2022 - 12:05 GMT

Kuwait Finance House-Bahrain Announces the Winners of ‘Year on Us’ Campaign

NBO Suite of Solutions Offer Customers Seamless Digital Payments
April 12th, 2022 - 10:26 GMT

NBO Suite of Solutions Offer Customers Seamless Digital Payments

Mohammed Akeel Wins KD4000 in Burgan Bank’s Value Account Draw
April 12th, 2022 - 05:48 GMT

Mohammed Akeel Wins KD4000 in Burgan Bank’s Value Account Draw

KPMG in Bahrain Continues Donating Laptops To Charitable Organizations
April 11th, 2022 - 10:42 GMT

KPMG in Bahrain Continues Donating Laptops To Charitable Organizations

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