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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
February 8th, 2015 - 04:55 GMT

Israel's foreign reserve currency continues to fall

Al Bawaba
February 6th, 2015 - 09:01 GMT

Saudi, Dubai stocks pull back as oil prices fall

Al Bawaba
February 5th, 2015 - 09:20 GMT

Refreshing: Egypt's stocks at highest levels in 6 and a half years

Erdogan has also dismissed hundreds of police and prosecutors believed to be linked to the cleric.
February 4th, 2015 - 08:31 GMT

Using a 'lack of transperancy' excuse, Turkish government seizes control over Bank Asya

Al Bawaba
February 4th, 2015 - 07:00 GMT

Wealth in the land of Arab Spring: Egypt's top ten richest men in 2014

During the launching
February 4th, 2015 - 11:10 GMT

Bank on Tomorrow: Mashreq launches the region’s first fully automated branch ‘imashreq’

Doha Bank tower
February 4th, 2015 - 05:58 GMT

Doha Bank Introduces Debit Card Acceptance for Mobile Commerce

During the event
February 3rd, 2015 - 11:22 GMT

Emirates NBD raises support for special needs individuals through ‘Perspectives’ art event

Fadi Mehdi, Head of Abu Dhabi Office and Dr. Jacob Chacko, Dean of the College of Business Administration at Abu Dhabi University
February 3rd, 2015 - 08:03 GMT

Saxo Bank and Abu Dhabi University to invest in traders of tomorrow

Al Bawaba
February 3rd, 2015 - 04:55 GMT

The band-aid solution? Saudi stocks jump on King Salman's salary bonus

Al Bawaba
February 2nd, 2015 - 06:32 GMT

Will the US dollar peg protect GCC currencies?

Al Bawaba
February 2nd, 2015 - 01:25 GMT

Al Hilal Global Sukuk Fund delivers 4.78% dividend

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