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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
October 26th, 2014 - 12:40 GMT

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October 26th, 2014 - 10:51 GMT

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Al Bawaba
October 26th, 2014 - 10:23 GMT

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Al Bawaba
October 26th, 2014 - 06:57 GMT

UAE Exchange celebrates 34th anniversary; Global Customer Base Expands to 7.9 million

Al Bawaba
October 26th, 2014 - 06:55 GMT

Doha Bank named Retail Bank of the Year at Enterprise Agility Awards

Arab Bank
October 26th, 2014 - 06:34 GMT

Arab Bank Group net profit grows by 10% to reach USD 614.2 million

Al Bawaba
October 26th, 2014 - 04:26 GMT

Mashreq launches Partners Forum

Conversions of conventional banks into Islamic ones are rare but not unprecedented.
October 23rd, 2014 - 04:41 GMT

A forced conversion? Top Saudi bank pledges to become fully Islamic after criticism from scholars

Jamal Bin Ghalaita, Chief Executive Officer of Emirates Islamic
October 23rd, 2014 - 10:51 GMT

Emirates Islamic Bank announces 83 per cent increase in nine months net profit

One-year dollar/Saudi riyal forwards jumped to 90.0 points, their highest level since a peak of 91.50 points hit in March 2011.
October 22nd, 2014 - 10:44 GMT

More peculiarity: Saudi riyal falls sharply against US dollar

Al Bawaba
October 22nd, 2014 - 08:56 GMT

Sharjah Islamic Bank announces a 33.5% rise in Net Profits to reach AED 295 million for the 3rd Quarter of 2014

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