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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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Mashreq officials receive the awards
March 26th, 2015 - 07:10 GMT

Mashreq continues to blaze a winning trail in the UAE

Al Bawaba
March 26th, 2015 - 04:55 GMT

Hola! Egypt launches ‘Doing Business with Latin America’ conference

Al Bawaba
March 26th, 2015 - 04:40 GMT

Burgan Bank signs an Exclusive Partnership with Grand Cinemas

Al Bawaba
March 25th, 2015 - 02:31 GMT

At least someone likes him: Moody's welcomes Netanyahu's election win

Al Bawaba
March 25th, 2015 - 10:19 GMT

NBK considering issuance of USD perpetual Additional Tier 1 securities

Al Bawaba
March 25th, 2015 - 09:23 GMT

Emirates NBD ranked among top 25 Global Banks on Social Media

Al Bawaba
March 25th, 2015 - 05:22 GMT

Doha Bank attends Qatar University’s Career Forum

Al Bawaba
March 24th, 2015 - 10:16 GMT

National Bank of Fujairah issues second tranche of perpetual Tier 1 Capital of AED 500 million


Each institutional fund will now belong to a ministry or other body related to its function, and be chaired by the minister.
March 24th, 2015 - 08:27 GMT

'Positive restructuring': Saudi Arabia reshuffles powers of finance ministry

Burgan SMS service
March 24th, 2015 - 08:06 GMT

Burgan Bank announces the Eighth winner in the Monthly SMS Draw

 In some stock markets such as Qatar, Islamic investors with few options to choose from can reward sharia-compliant firms by piling into their shares.
March 23rd, 2015 - 08:40 GMT

First banks, now companies: Gulf firms 'go Islamic'

Al Bawaba
March 23rd, 2015 - 07:55 GMT

French official to Lebanon: No president, no loan

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