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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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But taking into account the depreciation of the Syrian pound against the U.S. dollar, the results show a steeper decline of nearly 77 percent.
August 18th, 2014 - 03:55 GMT

Lebanese banks in Syria hit hard

Activity is dominated by about 4.3 million retail investors who buy stocks straight from the market rather than going through professional fund managers.
August 17th, 2014 - 09:44 GMT

A clash of civilizations: are foreigners newly entering the Saudi stock market about to face a culture shock?

Caetano Fernandes, Senior Vice President and Head of Mashreq Gold, Mashreq
August 17th, 2014 - 09:11 GMT

Mashreq launches “Gold Edge Invest Account”

Al Bawaba
August 17th, 2014 - 08:16 GMT

Jordan Ahli Bank announces Ms.Joel Raed Ezzat Taama as winner of the Goushan Al Omor Raffle Draw Grand Prize in Greenland

Lebanon’s Parliament has not approved a budget since 2005.
August 14th, 2014 - 09:57 GMT

Floating wiithout an official budget since 2005: salaries of Lebanese civil servants to 'dry up soon'

The Fitch statement from Monday -- which some observers interpreted as fairly balanced -- warned that the Turkish economy is not immune from political risks.
August 14th, 2014 - 03:55 GMT

From tweets to public outrage: understanding Turkey's bitterness towards credit rating agencies

Banks in the Arab Mediterranean region will continue to encounter turbulent and challenging operating conditions in 2014-2015.
August 13th, 2014 - 06:20 GMT

A much-expected symptom? Arab banks to feel the pinch of the region's political turmoil

Al Bawaba
August 13th, 2014 - 11:36 GMT

IBQ awards latest lucky draw winner of thanq loyalty programme

Al Bawaba
August 13th, 2014 - 11:10 GMT

Documenting financial (mis)behaviour: Al Etihad Credit Bureau to begin issuing consumer credit reports

Jordan's credit challenges lie mostly in its fiscal and external accounts.
August 12th, 2014 - 02:21 GMT

Despite all stability, Moody maintains B1 credit rating for Jordan

A clutch of new non-Muslim countries - Australia, Hong Kong, Philippines and Sri Lanka - join the UK as Islamic finance gains visibility and recognition outside the Muslim world.
August 12th, 2014 - 02:08 GMT

Mass conversion: Faith in Islamic finance booming in non-Muslim economies

Abu Dhabi Islamic Bank
August 12th, 2014 - 07:51 GMT

ADIB, CBD and DIB complete financing deal for the 50th Airbus A380 for Emirates Airline

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