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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 Bawaba
June 15th, 2015 - 04:59 GMT

Bahrain: Saudi development fund grants $670m for infrastructure and housing projects

Al Bawaba
June 14th, 2015 - 05:21 GMT

Saudi market opening to foreigners a $1T opportunity

FGB
June 14th, 2015 - 08:42 GMT

FGB’s Siraj announced as "Islamic Bank of the Year - Shariah Compliant Window" for 2015

Al Bawaba
June 14th, 2015 - 08:20 GMT

Al Ansari Exchange reveals Grand Prize of AED 1 million for Summer Promotion 2015

Al Bawaba
June 10th, 2015 - 12:45 GMT

FIFA scandal probe: 2026 World Cup bidding process on hold

First Gulf Bank
June 10th, 2015 - 11:35 GMT

FGB launches USD 3 billion Euro-Commercial Paper Programme

During the event
June 10th, 2015 - 11:17 GMT

Al Ansari Exchange among Forbes Middle East’s 2015 list of ‘Top Companies in the Arab World’

Dubai Islamic Bank
June 10th, 2015 - 08:28 GMT

Dubai Islamic Bank collects prestigious award at the Asian Banker Middle East and Africa Country Awards 2015

The ministry is conducting thorough auditing of all accounts dating back to 1996. (AFP/File)
June 10th, 2015 - 07:56 GMT

Lebanon Finance Ministry to audit government accounts after suspicion of malpractice

Al Bawaba
June 10th, 2015 - 07:24 GMT

Egypt Foreign Ministry violates currency rates when paying diplomats: report

Emirates Money MasterCard Business Credit Card
June 10th, 2015 - 06:58 GMT

Emirates Money collaborates with MasterCard to make foray into credit cards for business owners

Al Bawaba
June 10th, 2015 - 05:31 GMT

HE Obaid Humaid Al Tayer heads UAE delegation at the 40th Annual Meeting of the Islamic Development Bank

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