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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
June 17th, 2014 - 11:02 GMT

From discontent to complete burnout: half of the Middle East's financial professionals are job hunting

Al Bawaba
June 17th, 2014 - 08:41 GMT

Al Ansari Exchange moves ahead with its UAE expansion strategy

Al Bawaba
June 17th, 2014 - 08:20 GMT

Jordan Ahli Bank sponsors the Little League Football Tournament at Al Mashrek International School

Al Bawaba
June 17th, 2014 - 04:46 GMT

National Bank of Fujairah inaugurates latest branch in Al Quoz

Al Bawaba
June 16th, 2014 - 11:17 GMT

Sharjah Islamic Bank opens its new branch in Jebel Ali

In Dubai, property developer, Arabtec, dropped the most allowed to reach a share price of Dh4.50.
June 16th, 2014 - 02:55 GMT

Things were too good to be true? Arabtec's stocks plummet 10%

Al Bawaba
June 15th, 2014 - 06:40 GMT

Morocco raises $0.7 billion on international markets

Al Bawaba
June 15th, 2014 - 12:02 GMT

Visa unveils innovative tournament activation program for the Middle East with interactive fan engagements and seamless in-stadium technology to connect everyone to the 2014 FIFA World Cup

Al Bawaba
June 15th, 2014 - 11:13 GMT

Burgan Bank announces names of the daily lucky winners of Yawmi account

Abu Dhabi Commercial Bank
June 15th, 2014 - 10:43 GMT

ADCB launches SimplyLife MasterCard Credit Card

Al Bawaba
June 15th, 2014 - 08:07 GMT

NBAD Sukuk income fund delivers 5.83% dividend annualised

Jordan Ahli Bank
June 15th, 2014 - 05:04 GMT

Jordan Ahli Bank sponsors annual event geared toward individuals with special needs

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