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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
April 6th, 2015 - 08:34 GMT

Three year old Emirati girl wins AED 1 million with Emirates Islamic’s Kunooz Savings Account

Egypt's escalating military involvement in the Yemen conflict has had a negative impact on investor's confidence. (Image: file photo)
April 6th, 2015 - 07:58 GMT

Egyptian stocks plummet as Yemen confict deepens

The UAE PMI dipped to a 17-month low of 56.3 in March, down from 58.1 in February. (Image: file photo)
April 6th, 2015 - 06:51 GMT

UAE’s non-oil expansion cools further as PMI slips

Al Bawaba
April 5th, 2015 - 11:18 GMT

UAE sweetens flotation regulations to attract more investment

Alex Thursby, NBAD’s Group Chief Executive Officer
April 5th, 2015 - 07:36 GMT

NBAD ranks #1 in global league tables in international sukuk issuance, first quarter of 2015

Pre-paid VISA Card for Om Al Qura Foundation
April 5th, 2015 - 07:30 GMT

KIB Unveils Special Edition VISA Cards for Om Al Qura Foundation

HSBC Bank AGM
April 5th, 2015 - 05:33 GMT

HSBC Bank Oman’s Shareholders approve cash dividend and elect new board of directors

It added that the subsidiary was never asked by Turkish authorities to take any specific measure with regard to combating money laundering and terrorist financing, as alleged the newspaper.
April 3rd, 2015 - 06:53 GMT

'We're not related': Bank Audi denies ties to Daesh

Al Bawaba
April 2nd, 2015 - 07:43 GMT

S&P upgrades International General Insurance Company Ltd to A- (stable)

Al Bawaba
April 2nd, 2015 - 07:20 GMT

Diversification in mind: UAE passes new companies law

Al Bawaba
April 2nd, 2015 - 04:30 GMT

NBAD upgrades its channels and customer touch points

Al Bawaba
April 1st, 2015 - 08:23 GMT

Replacing Switzerland? Why Lebanon isn't keeping its banking secrecy a secret

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