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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 1st, 2014 - 08:39 GMT

United Arab Bank signs US$100 million Murabaha syndication deal

Al Bawaba
July 1st, 2014 - 05:23 GMT

Cima elects new president

The Saudi banking system capitalized on reforms implemented during the financial crisis and posted record profits in 2013.
June 30th, 2014 - 03:09 GMT

How Sukuks are proving a viable financing option for Saudi Arabia

Al Bawaba
June 30th, 2014 - 01:09 GMT

A free fall? Arabtec falls another 10% in first 20 minutes of trading

Al Bawaba
June 30th, 2014 - 09:45 GMT

Standard Chartered hosts transaction Banking seminar

Al Bawaba
June 30th, 2014 - 09:20 GMT

Al Ansari Exchange launches Al Ansari Rewards – Summer Promotion 2014 with a Grand Prize of AED 1 Million

Arabtec, which remained among the top losers last week, shed 27.23 per cent.
June 29th, 2014 - 12:52 GMT

Lackluster trading activity commences with Ramadan

Al Bawaba
June 29th, 2014 - 09:11 GMT

Doha Bank CEO receives PhD in Global Governance from European University

Al Bawaba
June 29th, 2014 - 06:40 GMT

Al Ansari Exchange supports ‘UAE Water Aid’ campaign with AED 1 million donation

Al Bawaba
June 29th, 2014 - 03:55 GMT

Time to embrace e-governance? Jordan's Central Bank introduces e-FAWATEER.com

Al Bawaba
June 29th, 2014 - 03:55 GMT

Nshallah: GCC working hard to convince UAE, Oman of monetary union

Credit Card issuance is easy, but it has certain requirements and limitations that should be clear to the customer.
June 29th, 2014 - 03:55 GMT

To jump on the bandwagon or not to jump: all about owning a credit card in Egypt

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