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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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During the event
June 21st, 2015 - 04:19 GMT

UAE signs intergovernmental agreement with the U.S. on the Foreign Account Tax Compliance Act (FATCA)

The Dubai-based property developer will issue up to 600 million shares of its Egypt subsidiary. (AFP/File)
June 18th, 2015 - 11:47 GMT

UAE’s Emaar to float in Egypt’s stock market at 3.8 pounds per share

Al Bawaba
June 18th, 2015 - 11:32 GMT

Jordan King, investors discuss means to boost gains from Amman Stock Exchange

First Gulf Bank
June 18th, 2015 - 08:29 GMT

FGB wins two Asian Banker Middle East and Africa Country Awards

Al Bawaba
June 18th, 2015 - 12:24 GMT

Turkey to benefit from strong ties to Saudi exchange

During the event
June 17th, 2015 - 10:31 GMT

Al Hilal Bank launches ‘Heart to Heart’ Ramadan 2015 campaign in support of children with congenital heart diseases

Al Bawaba
June 17th, 2015 - 05:04 GMT

Western Union extends its WU Wish Programme to Kuwait

During the event
June 17th, 2015 - 04:41 GMT

“Made with Our Hands” Fair launched today, sponsored by IBQ

Al Bawaba
June 16th, 2015 - 10:10 GMT

Lebanese stock market needs improvement to treat foreign investors equally

Al Bawaba
June 16th, 2015 - 09:57 GMT

Two billion people worldwide don't have bank accounts: World Bank

Al Bawaba
June 16th, 2015 - 06:12 GMT

NBAD Sukuk income fund delivers 2.22% dividend semi-annualised

Al Bawaba
June 15th, 2015 - 12:03 GMT

Saudi open stock market to hit developing nations

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