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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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Burgan Bank Chairman Mr. Majed Essa AL Ajeel
December 22nd, 2014 - 08:25 GMT

Burgan Bank Group… 2014 a success story

During the event
December 21st, 2014 - 09:45 GMT

Emirates Islamic named Best Domestic Retail Bank

Al Bawaba
December 21st, 2014 - 09:28 GMT

Sharjah Islamic Bank upgrades phone banking

Al Bawaba
December 19th, 2014 - 12:24 GMT

Jordan's 'investment window' to open in 2015

The rating comes as brent crude price dropped below $60 per barrel on Tuesday
December 19th, 2014 - 12:07 GMT

Fitch is convinced that GCC is 'stable', despite oil price slide

Al Bawaba
December 18th, 2014 - 10:10 GMT

ADIB named “Best Bank in the UAE” By The Banker Magazine and “Best Islamic Retail Bank Globally” by Global Finance Magazine

During the event
December 18th, 2014 - 08:47 GMT

Standard Chartered Bank announces the winner of BMW 5 Series

Al Bawaba
December 18th, 2014 - 04:55 GMT

$49 billion wiped off: Gulf shares 'shattered' as oil price dive deepens

Al Bawaba
December 17th, 2014 - 09:53 GMT

Dubai Islamic Bank wins two accolades at the Islamic Business & Finance Awards 2014

Al Bawaba
December 17th, 2014 - 07:19 GMT

Mashreq and Etisalat launch the UAE’s first “Me-Life” Credit Card

The lira's tumble comes amid concerns about wider emerging-market weakness
December 17th, 2014 - 04:55 GMT

Backfiring? Turkish Lira hits record low amid media crackdown, Russia concerns

Al Bawaba
December 17th, 2014 - 12:56 GMT

Deflation shocks in emerging markets and the GCC currency peg

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