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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 4th, 2014 - 08:29 GMT

Doha Bank provides project finance to Kharafi National

Around 40 million of the world's 1.6 billion Muslims are now clients of the Islamic finance industry.
December 4th, 2014 - 05:55 GMT

The customer still comes first: real challenges hamper Islamic banking

Al Bawaba
December 4th, 2014 - 05:55 GMT

Band-aid solution? Saudi Arabia to tighten 2015 budget after oil crash

Al Bawaba
December 4th, 2014 - 04:40 GMT

Emirates NBD pays tribute to Sheikh Zayed on National Day

Al Bawaba
December 3rd, 2014 - 12:27 GMT

National Bank of Oman strengthens Board with two appointments

Emirates NBD
December 3rd, 2014 - 06:54 GMT

Emirates NBD extends DirectRemit 60 seconds money transfer service to the Philippines

"Jordan is mature, disciplined, stable and professional," said the banker,
December 2nd, 2014 - 04:57 GMT

A beacon of stability and reform: top banker speaks about Jordan's impending banking bonanza

Al Bawaba
December 2nd, 2014 - 12:01 GMT

Burgan Bank successfully completes capital increase

Al Bawaba
December 2nd, 2014 - 07:07 GMT

NCB Capital wins best research house award in the Euromoney Middle East research poll

Turkey is a major beneficiary of the collapse in Brent crude since the cost of imported energy narrows the current account deficit
December 2nd, 2014 - 04:55 GMT

All else aside, there is a bullish case for investing in Turkish banks

The suspension could have major implications for Saudi companies and the auditing market in the kingdom.
December 1st, 2014 - 11:52 GMT

Saudi Arabia suspends Deloitte's auditing work due to 'mystery' cases

Al Bawaba
December 1st, 2014 - 10:15 GMT

National Bank of Fujairah bolsters commitment to UAE’s Emiratisation efforts with ongoing Management Trainee Programme

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