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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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The general reserve of the government accounts for 60 percent of the total government reserves and deposits, allocations for government projects is 32 percent and government’s current account 8 percent.


March 1st, 2015 - 05:50 GMT

Bad news? Saudi Arabia experiences 21 month slump in reserves, assets

Al Bawaba
March 1st, 2015 - 08:21 GMT

Emirates NBD launches mega customer promotion on Current & Savings Accounts

For all the turmoil in the financial markets, Erdoğan's tirades have won praise from a class of industrialists who have thrived on cheap borrowing costs and political stability over the past decade.
March 1st, 2015 - 07:25 GMT

Turkish Lira hits historic low, Erdogan implies central bank 'treason'

Al Bawaba
March 1st, 2015 - 05:52 GMT

IBQ sponsors MEED Qatar Projects 2015

HH Sheikh Mohammed bin Rashid Al Maktoum attends 40th anniversary celebration
February 26th, 2015 - 11:38 GMT

Dubai Islamic Bank celebrates 40 years of legacy and heritage in Islamic Banking

Doha Bank
February 26th, 2015 - 09:29 GMT

“Doha Bank hosts live interactive session on Indian Union Budget 2015”

Al Bawaba
February 26th, 2015 - 07:27 GMT

Mashreq proudly introduces the UAE’s 1st ‘Selfie’ Credit Card

During the event
February 25th, 2015 - 12:27 GMT

Sharjah Islamic Bank opens its latest branch in Mussafah Abu Dhabi

UAE Ministry of Finance
February 25th, 2015 - 10:48 GMT

MoF holds government expenditure workshops for employees of the Dubai and Sharjah departments of finance

Al Bawaba
February 24th, 2015 - 09:24 GMT

Small to medium sized steps: Jordan's Central Bank working on supporting SME's

Al Bawaba
February 24th, 2015 - 08:43 GMT

Basell III meets Islamic finance: Qatar Islamic Bank approves $1.37 billion sukuk issuance

Al Bawaba
February 24th, 2015 - 10:05 GMT

NBAD organises roundtable on Abu Dhabi Vision 2030 and SMEs

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