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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 3rd, 2015 - 09:34 GMT

Emirates NBD revolutionises digital banking with the launch of mobile cheque deposit facility

Saudi Arabia has been slow to dig deeper into suspected terror funding over fears of disrupting their banking sector. (Shutterstock)
June 3rd, 2015 - 07:06 GMT

Saudis probe suspected Hezbollah financing links

Al Bawaba
June 3rd, 2015 - 05:08 GMT

Strong appetite for investment in Egypt

Al Bawaba
June 2nd, 2015 - 07:47 GMT

Egypt’s growth rate of foreign deposits jumps to 13.9 percent in March: Central Bank

H.E Younis Haji Al Khoori, Undersecretary of MoF
June 2nd, 2015 - 10:36 GMT

MoF launches its new app for Apple Smart Watch

During the event
June 2nd, 2015 - 09:51 GMT

Al Hilal Bank inaugurates new eco-friendly branch in Abu Dhabi’s iconic Masdar City

During the event
June 2nd, 2015 - 09:35 GMT

Gulf Bank hosts real estate investment presentation for priority banking customers in association with MARKAZ

During the event
June 2nd, 2015 - 08:11 GMT

Jordan Ahli Bank serves as official sponsor of New Think Studio

ADIB Chief Executive Officer Tirad Al Mahmoud
June 2nd, 2015 - 07:55 GMT

ADIB and Thomson Reuters launch EFICA

Al Bawaba
June 2nd, 2015 - 06:00 GMT

NBAD organizes a roundtable on Public Private Partnerships opportunities for SMEs

Al Bawaba
June 1st, 2015 - 11:00 GMT

Jordan signs $1.5 billion guaranteed loan agreement with US

FGB representatives receiving the award
June 1st, 2015 - 09:55 GMT

FGB named Best Bank in the UAE for third year in a row and Best Bank in the Middle East

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