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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 9th, 2014 - 09:19 GMT

Mashreq named SME Bank of the Year 2014

Al Bawaba
December 9th, 2014 - 08:10 GMT

ADIB UAE’s “Most Recommended Bank”

Earlier in October, Governor of the CBE Hisham Ramez announced the payment of $500m to Qatar.
December 9th, 2014 - 04:55 GMT

Repaying Qatar brings down Egypt's reserves by $1.1 billion in one month

“However, declining oil prices if prolonged at these levels will reduce fiscal surpluses, affect economic confidence and moderate growth expectations
December 9th, 2014 - 04:55 GMT

Moody indeed: how did Moody's rate the ME's banks for 2015?

Al Bawaba
December 8th, 2014 - 05:07 GMT

I bet you thought Dubai was not oil dependent! Dubai leads losses as GCC stocks tumble

Al Bawaba
December 8th, 2014 - 03:14 GMT

The Middle East's Switzerland? Lebanon's banking secrecy is here to stay

Al Bawaba
December 8th, 2014 - 07:55 GMT

Dubai Islamic Bank celebrates 43rd UAE National Day

A growing number of expatriates of all nationalities based in the UAE are moving their British pensions out of the UK.
December 8th, 2014 - 04:55 GMT

Precious retirement: why UAE expats are moving their pensions out of the UK

Al Bawaba
December 8th, 2014 - 04:40 GMT

Doha Bank hosts bowling and billiards tournament for employees

Al Bawaba
December 7th, 2014 - 12:05 GMT

$750 billion worth of reserves not good enough? Saudi Arabia downgraded to 'stable' over oil crash

Al Bawaba
December 7th, 2014 - 10:20 GMT

Sharjah Islamic Bank awarded quality assurance certification for internal audit activities

Emirates NBD Head Office
December 7th, 2014 - 07:41 GMT

Emirates NBD introduces free local transfers to any bank account in the UAE

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