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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 18th, 2014 - 10:59 GMT

NBAD renews sponsorship of Formula 1 Etihad Airways Abu Dhabi Grand Prix

Al Bawaba
November 18th, 2014 - 08:59 GMT

NBAD partners with SWIFT for treasury forums

Andrew Ball, Head of Retail Banking
November 17th, 2014 - 09:31 GMT

IBQ launches first ever furniture loan in Qatar

Al Bawaba
November 16th, 2014 - 10:39 GMT

What's going on with MENA debt capital markets?

Caetano Fernandes, Senior Vice President & Head of Mashreq Gold
November 16th, 2014 - 10:15 GMT

Mashreq’s Property Mart scores big with customers

Al Bawaba
November 16th, 2014 - 09:42 GMT

Emirates Islamic announces CSR partnership with Dubai Health Authority’s MOSA’ADAH charity programme

Al Bawaba
November 16th, 2014 - 08:07 GMT

Burgan Bank Group comments on Bank of Baghdad announcement of appointing Mr. Faisal Al Haimus as Chief Executive Officer

Al Bawaba
November 16th, 2014 - 07:53 GMT

Emirates NBD’s Shayne Nelson awarded ‘CEO of the Year’ for Asset Management business

Al Bawaba
November 16th, 2014 - 05:45 GMT

Al Ansari Exchange opens new call center in Fujairah

Al Bawaba
November 13th, 2014 - 09:07 GMT

NBAD named Best Private Bank in UAE

H.E. Abdul-Aziz Al-Ghurair, CEO of Mashreq
November 13th, 2014 - 06:40 GMT

Mashreq establishes Corporate Alliance with premier Anti-Fraud organization, ACFE

Al Bawaba
November 13th, 2014 - 05:26 GMT

Gulf Bank wins ‘Bank of the Year’ Award from Arabian Business Magazine

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