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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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August 7th, 2014 - 08:44 GMT

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Al Bawaba
August 6th, 2014 - 11:01 GMT

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Al Bawaba
August 6th, 2014 - 10:58 GMT

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Brazil is a significant exporter of Halal foods. In 2013 it shipped 1.48 billion tonnes of chicken to the Middle East.
August 5th, 2014 - 07:29 GMT

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Al Bawaba
August 5th, 2014 - 07:54 GMT

Burgan Bank wins the ‘Best Domestic Cash Management Bank of the Year’ award from Asian Banking and Finance’s Wholesale Banking Awards 2014

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August 5th, 2014 - 06:21 GMT

Mashreq offers exceptional surprises during DSS 2014

Al Bawaba
August 5th, 2014 - 03:55 GMT

Foreign investors spend $941 million on Saudi proxy shares in hopes of ownership

Al Bawaba
August 4th, 2014 - 10:49 GMT

Dubai Islamic Bank provides AED 360 million financing facility to Union Properties

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