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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 2nd, 2015 - 11:46 GMT

Deloitte: Will 2015 be a turning point for banks’ profitability?

Al Bawaba
February 2nd, 2015 - 10:49 GMT

Al Ansari Exchange conducts business talks with world’s largest mobile top-up provider ding*

Al Bawaba
February 2nd, 2015 - 05:55 GMT

A reality check: UAE investors told to 'scale down' expectations

Al Bawaba
February 2nd, 2015 - 05:00 GMT

HSBC Congratulates Khalaf Ahmad Al Habtoor on 45th Anniversary of the Group

Al Bawaba
February 1st, 2015 - 11:22 GMT

Arab Bank Group Net Profits grow by 15% to reach USD 577.2 million in 2014 and 24.5% dividend distribution

Al Bawaba
February 1st, 2015 - 11:05 GMT

Privatization momentum: Iran has divested $1 billion worth of state shares in the last 10 months

Al Bawaba
February 1st, 2015 - 09:18 GMT

Noor Bank Partners with SriLankan Airlines to offer New MasterCard Credit Card

Al Bawaba
February 1st, 2015 - 05:00 GMT

Emirates Islamic unveils next generation ATMs in the UAE

Al Bawaba
January 29th, 2015 - 08:03 GMT

NBF Capital underscores corporate advisory capabilities with AED 260 million maiden syndication for Universal Hospital

Al Bawaba
January 29th, 2015 - 06:25 GMT

Emirates NBD partners with NCR to introduce new ATM experience in the UAE

Al Bawaba
January 29th, 2015 - 04:55 GMT

The precedent has been set: More, bigger IPOs expected in Middle East during 2015

Al Bawaba
January 28th, 2015 - 01:58 GMT

IBQ honours first thanq lucky winner in 2015

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