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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
December 29th, 2014 - 08:25 GMT

Saudi stock exchange to open doors to foreign investors in H1

Al Bawaba
December 28th, 2014 - 02:07 GMT

Jordan Ahli Bank sponsors the “Jacket for Every Student" initiative

CIMA
December 28th, 2014 - 01:23 GMT

CIMA continues its 2014 growth across the GCC

Al Bawaba
December 28th, 2014 - 12:17 GMT

Oman's financial flurry ahead of 2015: BankDhofar to raise capital by up to OMR 115.5 m (USD 300 m), plans bond issue

Al Bawaba
December 24th, 2014 - 12:04 GMT

Lebanese banks on the straight and narrow, complying with international law - World Union of Arab Bankers

Al Bawaba
December 23rd, 2014 - 08:14 GMT

Kingdom cuts the wire transfer off: Jordan bank suspends Samhouri Exchange for alleged violations

First Gulf Bank
December 23rd, 2014 - 08:11 GMT

FGB secures runner-up position in the ‘Best Trade Finance Bank in MENA’ category of GTR’s ‘Leaders in Trade 2014’ Awards

During the event
December 23rd, 2014 - 04:40 GMT

IBQ rewards latest winner of thanq loyalty programme

The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities (File Archive/ AFP).
December 22nd, 2014 - 06:00 GMT

Cash balances in MENA and Europe down 3% but still above financial crisis levels: Moody´s

Al Bawaba
December 22nd, 2014 - 10:00 GMT

Microsoft and Du to partner over online shopping

Mr. Fahad Al Raja’an, Chairman, Ahli United Bank
December 22nd, 2014 - 09:07 GMT

AUB named ‘Best Regional Bank, GCC 2014’ by Capital Finance International

Al Bawaba
December 22nd, 2014 - 08:37 GMT

First-of-its-kind UAE National Day initiative ‘Raise your voice, raise your flag’ takes UAE flag to a height of 102,000 feet

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