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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 Bawaba
July 30th, 2014 - 03:55 GMT

All about reform: IMF approves $5 billion credit line to Morocco

Al Bawaba
July 29th, 2014 - 09:14 GMT

Gulf International Bank reports first half profit of US$50.2 million

CIMA
July 27th, 2014 - 08:43 GMT

CIMA introduces new assessment model and offers attractive enrollment rates

Al Bawaba
July 27th, 2014 - 04:52 GMT

Gulf Bank welcomes third group of trainees to Summer Internship Program

Al Bawaba
July 24th, 2014 - 12:55 GMT

The UAE's largest bank, Emirates, enjoys even higher profits

Al Bawaba
July 24th, 2014 - 12:29 GMT

Will Hezbollah sanctions have an effect Lebanon’s banking sector?

Al Bawaba
July 24th, 2014 - 12:07 GMT

Why Saudi's latest announcement to open up the stock market to foreign investors is a good move

Al Bawaba
July 24th, 2014 - 11:22 GMT

Leading Kuwaiti investment company, KIPCO, on track to meet goals

Al Bawaba
July 24th, 2014 - 07:48 GMT

Saudi expected to emerge as seventh largest capital market and it's a very big deal!

Dr. Adnan Chilwan, Chief Executive Officer at Dubai Islamic Bank
July 24th, 2014 - 05:46 GMT

Dubai Islamic Bank appointed as Financial Advisor by the Government of Pakistan for the Restructuring & Privatization of Pakistan International Airlines

Despite the trillion debt figure, the investment grade refinancing volumes in EMEA are manageable within the normal capacity of capital markets
July 23rd, 2014 - 09:29 GMT

Time for some serious contemplation: Middle East firms face $91bn refinancing needs

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
July 23rd, 2014 - 08:55 GMT

Net Income for 2014 first half up by 19.4%to reach KD33.3 million

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