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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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Saudi stock market’s capitalization stood at $528 billion. (File photo)
May 6th, 2015 - 06:07 GMT

Trading on Tadawul: Foreign investors get ready

Al Bawaba
May 5th, 2015 - 10:22 GMT

DIB wins “Best Islamic Card” and “Best GCC Equity Fund” at Banker Middle East Product Awards 2015

The sixth Abu Dhabi Shooting Competition
May 5th, 2015 - 08:24 GMT

FGB sponsors sixth Abu Dhabi Shooting Competition

Al Bawaba
May 5th, 2015 - 04:33 GMT

Emirates Islamic wins ‘Best Prepaid Card’ at the sixth annual Prepaid: Middle East Awards

Al Bawaba
May 5th, 2015 - 04:05 GMT

Banking on a digital future: UAE aims for dominance in digital payments

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
May 4th, 2015 - 09:36 GMT

Burgan Bank Group announces First Quarter 2015 Earnings

Al Bawaba
May 4th, 2015 - 07:51 GMT

Mashreq launches Foreign Currency Cash services across its branches

Al Bawaba
May 4th, 2015 - 07:39 GMT

Lebanon ranks 8th most expensive destination to send your dollar

Qatar Society Rehabilitation
May 4th, 2015 - 07:23 GMT

Doha Bank offers financial support to Qatar Society for Rehabilitation of Special Needs

Alex Thursby, NBAD’s Group Chief Executive Officer
May 3rd, 2015 - 10:42 GMT

NBAD launches WEC Africa & Asia Frontier Market Fund

Al Bawaba
April 30th, 2015 - 02:40 GMT

A blooming palm: Dubai's Nakheel profits more than double

Al Bawaba
April 30th, 2015 - 11:28 GMT

Al Ansari Exchange to exempt Nepalese customers from money transfer charges

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