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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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The migration of the Lebanese private sector to the UAE, and especially Dubai, is a phenomenon that has grown in the last three years.
November 23rd, 2014 - 04:55 GMT

Not much choice: Along with Syrian businessmen, Lebanon's private sector migrates to Dubai

Abu Dhabi Islamic Bank
November 20th, 2014 - 07:15 GMT

ADIB named ‘Islamic Bank of the Year’ by IFLR

Al Bawaba
November 20th, 2014 - 04:55 GMT

Bank of Tokyo-Mitsubishi fined $315 million for 'bad dealings' with Iran

Al Bawaba
November 19th, 2014 - 11:55 GMT

NBAD Islamic MENA Growth Fund named Best Islamic Fund

Al Bawaba
November 19th, 2014 - 11:33 GMT

Mashreq Emiratisation on track with ambitious plans for Nationals

Al Bawaba
November 19th, 2014 - 10:55 GMT

Al Ansari Exchange opens new branch on Al Muntasir Road in Ras Al Khaimah

First Gulf Bank
November 19th, 2014 - 10:46 GMT

FGB completes financing deal for Emirates airline’s 100th Boeing 777-300ER

Al Bawaba
November 19th, 2014 - 10:24 GMT

Doha Bank hosts Annual Staff Quiz Competition

Al Bawaba
November 19th, 2014 - 09:54 GMT

Emirates NBD strengthens Sharjah presence with opening of Al Nasseriya branch

Al Bawaba
November 19th, 2014 - 08:05 GMT

DIFC hosts corporate treasury event in collaboration with Standard Chartered Bank

Al Bawaba
November 19th, 2014 - 06:35 GMT

Dubai Islamic Bank signs US$230 million aircraft financing deal with Air Arabia

Al Bawaba
November 18th, 2014 - 11:11 GMT

IBQ wins STP Award from Commerzbank

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