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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 2nd, 2014 - 07:44 GMT

Doha Bank honoured with Golden Peacock Award for Sustainability

Al Bawaba
October 30th, 2014 - 04:23 GMT

Al Hilal Bank awards third 2015 Audi A8 to lucky saver

David Marshall, Senior Executive Officer, Emirates NBD Asset Management
October 29th, 2014 - 09:31 GMT

Emirates NBD Asset Management AuM doubles to AED 10.2bn

Banks all over the world are being excessively cautious as regulators have been imposing huge fines that hit their bottom line.
October 29th, 2014 - 04:55 GMT

Excessive caution? Why 'perfectly legitimate' SME's are struggling to find financing in the UAE

Al Bawaba
October 28th, 2014 - 05:16 GMT

Do something! US urges Arab Banks to choke IS funding

During the meeting, Hollande and Alwaleed discussed political, economic and cultural matters.
October 27th, 2014 - 05:15 GMT

Business in the Elyséé Palace: Al-Waleed bin Talal, Hollande and CEOs meet over momentous Saudi-French investments

The report said the reserves had increased by $15.7 billion in the first six months of the year.
October 27th, 2014 - 02:09 GMT

Kuwait reserves for future generations hit $598 billion

Al Bawaba
October 27th, 2014 - 09:21 GMT

ADIB offers global perks with “Visa Signature” debit card

Al Bawaba
October 27th, 2014 - 08:40 GMT

Emirates NBD promotes healthy lifestyle with launch of ‘LiveWell’

Al Bawaba
October 27th, 2014 - 05:49 GMT

Standard Chartered Bank hosts second Annual Global Research Briefing sessions for its clients in the UAE

Al Bawaba
October 27th, 2014 - 04:55 GMT

It certainly has the profits to finance it: Arab Bank commences US appeal against Hamas support allegations

But it is not in Aabar’s interests to derail the deal as a failed merger could drive down shares in the stock market.
October 27th, 2014 - 04:55 GMT

Playing with fire? Abu Dhabi State Fund demands a hefty $22 billion to seal banking deal with Malaysia

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