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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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IBQ 20th thanq draw winner
April 22nd, 2015 - 08:16 GMT

IBQ Rewards 20th Winner of thanq Loyalty Programme

During the agreement
April 22nd, 2015 - 04:39 GMT

Ajman Bank to choose NCR as its official software/hardware provider

Al Bawaba
April 21st, 2015 - 08:50 GMT

More than just a 'comfort zone': the pros and cons of the UAE's dirham peg to the dollar

Al Bawaba
April 21st, 2015 - 07:12 GMT

There's no going back: what Saudi Arabia needs to do before opening up its stock market

“Remittances of Lebanese expatriates increased from $7.86 billion in 2013 to $8.9 billion in 2014.”
April 21st, 2015 - 01:50 GMT

Profitable brain drain: Lebanon's remittances increase to $8.9 billion

Al Bawaba
April 21st, 2015 - 01:44 GMT

A small world after all: Saudi Arabia bans HSBC from taking on more funds

Al Bawaba
April 21st, 2015 - 11:47 GMT

Al Hilal GCC Equity Fund named ‘Best Islamic Fund’ at Banker Middle East UAE Product Awards 2015

During the event
April 21st, 2015 - 08:24 GMT

Burgan Bank hosts Turkish Media Convention in Kuwait

Mr. César González-Bueno, Gulf Bank’s Chief Executive Officer
April 21st, 2015 - 07:32 GMT

Gulf Bank posts a 12% increase in Net Profit in Q1 2015

Al Bawaba
April 21st, 2015 - 05:59 GMT

Doha Bank achieves 5.2% profit growth with impressive ratios

Al Bawaba
April 21st, 2015 - 04:20 GMT

IBQ wins two Global Banking and Finance Review Awards

Al Bawaba
April 20th, 2015 - 04:55 GMT

'Purely economic': Jordan joins as founding member of China-led AIIB bank

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