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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
April 29th, 2015 - 09:03 GMT

A historic low: Bank of Israel keeps interest rates at 0.1%

Al Bawaba
April 29th, 2015 - 09:45 GMT

DIB offers UAE Nationals career opportunities in Islamic banking at the “Careers UAE 2015”

During the signing
April 29th, 2015 - 07:54 GMT

MoF signs an agreement with Dubai Trade for the adoption of e-dirham services

Al Bawaba
April 29th, 2015 - 06:30 GMT

Coping mechanisms: World Bank mulls financial support to Jordan despite not being low-income economy

Al Bawaba
April 29th, 2015 - 06:23 GMT

Doha Bank’s India Operations inauguration ceremony on 29th April 2015

During the event
April 29th, 2015 - 05:21 GMT

Emirates NBD marks strong participation at Careers UAE 2015

Al Bawaba
April 28th, 2015 - 10:18 GMT

National Bank of Fujairah bolsters commitment to Emiratisation at Careers UAE 2015

Abdulla Al Otaiba, Senior Managing Director and Group Head of Global Retail and Commercial Banking at NBAD
April 28th, 2015 - 07:21 GMT

NBAD conference to discuss challenges and solutions for Omani SMEs

Emirates NBD
April 28th, 2015 - 04:26 GMT

Emirates NBD to offer on spot enrolment at Careers UAE 2015

Al Bawaba
April 27th, 2015 - 07:09 GMT

A timely contribution: Egypt's reserves to rise $20 billion thanks to Gulf aid

Al Bawaba
April 27th, 2015 - 04:13 GMT

Not so targeted consequences? The risk of targeted sanctions for GCC firms, individuals, and charities

Mashreq's CEO, H.E. AbdulAziz Al Ghurair
April 27th, 2015 - 08:11 GMT

Mashreq wins Gallup Great Workplace Award for second year as one of 40 companies globally to receive this award

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