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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 14th, 2014 - 05:55 GMT

Ex-HSBC staffer accused of trying to sell espionage data in Lebanon

Al Bawaba
December 14th, 2014 - 05:51 GMT

United Arab Bank opens three new branches in Dubai

Al Bawaba
December 14th, 2014 - 05:39 GMT

Doha Bank names winners of Al Dana savings campaign for October 2014

Al Bawaba
December 11th, 2014 - 10:48 GMT

FGB hosts world renowned economist Professor Xavier Sala-I-Martin at 35th anniversary event

Al Bawaba
December 11th, 2014 - 10:13 GMT

Gulf Bank sponsors INJAZ Al-Arab’s 2014 ‘Young Entrepreneurs Competition’

Al Bawaba
December 11th, 2014 - 07:20 GMT

NBAD and CNBC to host panel discussion on future of energy

The Saudi market’s drop in the last few weeks has nearly wiped out the benchmark’s year-to-date gains, which now stand at just 1.1 percent.
December 10th, 2014 - 07:15 GMT

Fresh wave of panic selling: GCC stocks fall sharply, again

Al Bawaba
December 10th, 2014 - 08:26 GMT

ADIB named Best Private Bank in the UAE

Al Bawaba
December 10th, 2014 - 05:44 GMT

Doha Bank organised “dhow cruise” for QatarJewellers

Moody’s observed that Bahrain and Oman are likely to finance any increase in fiscal deficits in 2015 through sovereign debt issuance in 2015.
December 9th, 2014 - 06:11 GMT

Crashing oil: has the time come for GCC countries to tax their citizens?

Al Hilal Bank
December 9th, 2014 - 10:50 GMT

Al Hilal Bank all set to proudly raise UAE flag to edge of outer space this Saturday in support of ‘Raise your voice, raise your flag’ Campaign

Al Bawaba
December 9th, 2014 - 09:44 GMT

Global Focus 2015: Rekindling animal spirits

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