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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 13th, 2015 - 03:55 GMT

Understanding the ripple effect: 8 reasons the US economy has slowed down in Q1 of 2015

Senior officials from National Bank of Fujairah and DMCC at Almas Tower
April 13th, 2015 - 03:54 GMT

National Bank of Fujairah underscores focus on precious metals and jewellery sectors with launch of diamond financing business

Al Bawaba
April 12th, 2015 - 09:17 GMT

Jordan's per capita share of public debt exceeds $4000

Even as Bahrain hobbles out of the Arab Spring, ongoing oil price volatility is proving to be its next big challenge.
April 12th, 2015 - 11:37 GMT

Can Bahrian emerge from the oil price plunge 'stronger than ever'?

The kingdom that exports 7.0 million barrels per day on average will see oil revenues fall by 35 percent to $171.8 billion in 2015,
April 12th, 2015 - 03:55 GMT

The time has come: Saudi Arabia to borrow to finance soaring deficit

Mashreq
April 9th, 2015 - 11:22 GMT

Mashreq named Best Retail Bank in UAE and Qatar 2015 for outstanding customer service and innovation

Al Bawaba
April 9th, 2015 - 08:56 GMT

Arab Bank loses US retrial bid in longstanding Hamas financing case

Sanctions on Iran will only be lifted after a final deal is brokered, which the six powers and Iran aim to reach by June 30. (Image: File photo)
April 8th, 2015 - 01:29 GMT

EU reinstates sanctions on Iranian bank and 32 shipping companies

Al Bawaba
April 8th, 2015 - 06:20 GMT

Jordan acquires $100m soft loan from Kuwaiti fund

During the Sixth Ordinary Session of the Council of Arab Ministers of Finance
April 8th, 2015 - 04:33 GMT

HE Obaid Humaid Al Tayer participates in the Sixth Ordinary Session of the Council of Arab Ministers of Finance in Kuwait

Al Bawaba
April 7th, 2015 - 10:27 GMT

NBF Capital raises AED 1 billion for Pacific Control Systems

Al Bawaba
April 6th, 2015 - 11:24 GMT

HE Obaid Humaid Al Tayer to participate in the meeting of the governors of Arab Group at the IMF and meet with the Executive Director

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