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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 23rd, 2014 - 05:27 GMT

Sharjah Islamic Bank announces a 50% rise in Net Profits to reach AED 202.1 million for the 2nd Quarter of 2014

The Bank continued to show its support to the national agenda by appointing Abdul-Qader Al Sumali and Sulaiman Al-Lamki into senior executive positions.
July 23rd, 2014 - 03:05 GMT

HSBC Bank Oman posts Q2 2014 Results

Al Bawaba
July 22nd, 2014 - 05:25 GMT

Sharjah Islamic Bank launches personal finance Summer Offer

 Major global stock markets fell and bond prices ralliedas worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.
July 22nd, 2014 - 03:55 GMT

Poetic justice? Global stocks plunging on Gaza attacks

The existing management of liquidity is limiting the growth of the global Islamic banking market, and how standardisation and innovation can offer a solution to this.
July 21st, 2014 - 08:44 GMT

What's really holding Islamic Banking back?

Ambar Brahmachary, Head of Marketing & Customer Experience
July 21st, 2014 - 05:55 GMT

Mashreq achieves Superbrands

Al Bawaba
July 21st, 2014 - 03:55 GMT

A bottomless pit? Suspended Arabtec stocks tumble further, drag Dubai's main index down

Al Bawaba
July 21st, 2014 - 02:18 GMT

Cyprus takes effective of Lebanese bank over alleged Hezbollah linkages

Al Bawaba
July 20th, 2014 - 10:10 GMT

NBAD appoints MD to expand services to energy and resources sector

Al Bawaba
July 20th, 2014 - 07:20 GMT

Al Ansari Exchange donates AED 250,000 to Al Noor Training Center for Children with Special Needs

Al Bawaba
July 20th, 2014 - 06:54 GMT

Burgan Bank named “Best Domestic Retail Bank of the Year” by the Asian Banking & Finance Magazine for the Second Consecutive Year

Al Bawaba
July 20th, 2014 - 05:35 GMT

Gulf Bank announces Mr. Hussain A T Akbar as the winner of the second 2014 KOC Quarterly Draw

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