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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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H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al Thani
August 12th, 2014 - 07:31 GMT

Doha Bank Chairman honored with “Best Banking Chairman Qatar 2014”

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

Robin Hood style? Long Live Egypt Fund to accept donations from Mubarak-era convicted businessmen

The report, which listed the 15 richest men in Egypt, mentioned that Onsi Sawisis came in fourth position with a net worth of $2.4bn.
August 11th, 2014 - 10:57 GMT

How much are Egypt's 15 richest men really worth?

They also accuse the bank of performing financial services for people affiliated with Hamas and other designated foreign terrorist organisations.
August 10th, 2014 - 10:47 GMT

The moment of truth: Arab Bank's trial over alleged support to Hamas commences in New York tomorrow

Al Bawaba
August 10th, 2014 - 01:18 GMT

'Jordan's debt can't go on forever'- IMF official

Dubai Gold and Commodities Exchange
August 10th, 2014 - 11:09 GMT

DGCX Volumes Grow 18% in July

Al Bawaba
August 10th, 2014 - 09:22 GMT

Jordan Ahli Bank organizes blood donation campaign in partnership with the Central Blood Bank

Al Bawaba
August 10th, 2014 - 08:14 GMT

Al Ansari Exchange wins ‘Superbrand’ award for ninth consecutive year

Gulf Bank
August 10th, 2014 - 07:45 GMT

Gulf Bank first in Kuwait to obtain PCI-DSS 3.0 Certification

Growth forecasts for seven countries in the Middle East and North Africa might be too rosy and consequently misleading according a World Bank report.
August 10th, 2014 - 03:55 GMT

World Bank declares MENA growth projections 'too rosy'

Al Bawaba
August 8th, 2014 - 07:10 GMT

Talk about a capital flight? Kuwait top Arab investor abroad in 2013

Hidden, or indirect, taxes for goods including food, gasoline, cars and cellular phones in Turkey have reached record-breaking levels based on European standards,
August 8th, 2014 - 01:20 GMT

Turkey's hidden tax reach 'record-breaking' levels

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