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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 Hilal Bank
September 17th, 2014 - 08:33 GMT

Al Hilal Bank marks world first with use of Snapchat for customer engagement

Al Bawaba
September 17th, 2014 - 07:01 GMT

Emirates Islamic launches five year Wakala Investment option

Al Bawaba
September 17th, 2014 - 04:55 GMT

Mixed signals: China's FDI levels hit two year low

Al Bawaba
September 17th, 2014 - 04:55 GMT

An economic slowdown? The pros and cons of Israel's weakening shekel

Al Bawaba
September 16th, 2014 - 08:57 GMT

FGB plans to launch UAE’s first personalised credit card

Al Bawaba
September 16th, 2014 - 07:56 GMT

ADIB expands UAE network with three new branches

Al Bawaba
September 16th, 2014 - 07:14 GMT

NBAD appoints CEO for Asia

The UAE's non-oil producing private sector companies posted a marked strengthening of business conditions in August, as new orders and output rose at accelerated rate
September 16th, 2014 - 04:55 GMT

Emerging markets hit highest note since March 2013

Constituents from Qatar and UAE will be included in the S&P Emerging BMI series for the first time.
September 16th, 2014 - 04:55 GMT

Downgrades and upgrades: Greece, Qatar, and UAE to be reclassified as Emerging Status starting Sept. 22

This year’s conference will see some 200 fund managers from 117 institutions in Europe, the US, the Middle East and Africa obtain first-hand insights during three days of face-to-face meetings with C-suite executives from top listed MENA companies.
September 16th, 2014 - 04:55 GMT

A spectacle of $8 trillion and more: what's the MENA Investment Conference in London all about?

Al Bawaba
September 16th, 2014 - 04:26 GMT

NBAD among World’s 50 Safest Banks 2014

Al Hilal Bank
September 15th, 2014 - 12:12 GMT

Al Hilal Bank’s Viability Rating upgraded by Fitch based on high growth & strong track record

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