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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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“Thieves lie in wait and observe their victims upon leaving the bank until they get into their car."
September 28th, 2014 - 04:55 GMT

Abu Dhabi's bank clients warned from surprise robbings

His replacement is the CEO of the Emirates Investment Authority, a sovereign wealth fund, Mubarak Al Mansouri.
September 28th, 2014 - 03:55 GMT

After 23 years in office,why was the UAE's central bank governor replaced?

Nimish Dwivedi, Head of Payments, Mashreq
September 25th, 2014 - 07:29 GMT

Mashreq offers instant 0% easy payment plans bundled with instant rewards during GITEX Shopper 2014

Mr. Majed Essa Al Ajeel, the chairman of Burgan Bank
September 25th, 2014 - 05:47 GMT

Burgan Bank issues US$500m Additional Tier1 capital

Al Bawaba
September 25th, 2014 - 05:07 GMT

Emirates NBD customers opt for digital subscription to Emaar Malls IPO

The deterioration of relations between Turkey and credit rating agencies will make life harder for both investors and the nation.
September 25th, 2014 - 03:55 GMT

Why Turkey's 'tense' relations with rating agencies is damaging

Bank Audi, the largest Lebanese bank in terms of assets and deposits, operates in 13 countries.
September 24th, 2014 - 11:36 GMT

Lebanon's Bank Audi increases capital by $300 million

Al Bawaba
September 24th, 2014 - 08:36 GMT

10th Annual Sanabel Conference in Dubai to discuss regional microfinance trends and opportunities amid challenging times

Al Bawaba
September 24th, 2014 - 07:46 GMT

Al Ansari Exchange announces its latest promotion for money transfer to Arab countries

Al Bawaba
September 23rd, 2014 - 12:48 GMT

A plethora of trial errors and excluded evidence: Arab Bank to appeal liable verdict on supporting Hamas by New York court

Al Bawaba
September 23rd, 2014 - 11:37 GMT

Al Hilal Bank turns over second 2015 Audi 8 prize under annual savings promo

Al Bawaba
September 23rd, 2014 - 10:21 GMT

NBAD launches Shariah Dividend Fund

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