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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
November 27th, 2014 - 11:49 GMT

MoF organises workshop about the financial aspects of the Government Readiness Index

An official said on Wednesday that the bank is expecting to attract an initial Rs1 billion ($16.4 million) to the fund.
November 27th, 2014 - 04:55 GMT

India’s largest state-owned bank to launch Islamic fund

Nimish Dwivedi, Head of Cards at Mashreq
November 26th, 2014 - 09:46 GMT

Mashreq launches the UAE’s ‘Smartest’ Cash-back Card

Al Bawaba
November 25th, 2014 - 10:49 GMT

ADIB arranges US $420 million financing for Zakher Marine International

Al Bawaba
November 25th, 2014 - 06:08 GMT

Doha Bank named “Best Bank in Qatar” and Doha Bank CEO named “ man of the year “ at IAIR Awards 2014

Al Bawaba
November 25th, 2014 - 05:19 GMT

118 UAE Nationals join NBAD

Al Bawaba
November 24th, 2014 - 09:30 GMT

Emirates Islamic marks 43rd UAE National Day with ‘heartbeat’ campaign on giant LED national flag

Al Bawaba
November 24th, 2014 - 08:17 GMT

Standard Chartered attempts to break the Guinness World’s Record title for the largest football mosaic in the image of the UAE flag

Al Bawaba
November 24th, 2014 - 08:00 GMT

NBAD and ADFG conclude AED 1.8 billion financing deal

Gulf entities have provided at least $30 billion of funding, at current prices, for African infrastructure over the last decade.
November 24th, 2014 - 12:30 GMT

A misnomer: Gulf states embark on ambitious investment spree in the 'hopeless continent'

Al Bawaba
November 23rd, 2014 - 01:22 GMT

UAE banks banned from doing business with Muslim Brotherhood

Al Bawaba
November 23rd, 2014 - 05:30 GMT

Burgan Bank provides printed Cancer awareness brochures to the Kuwait Cancer Control Center

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