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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
April 17th, 2014 - 07:21 GMT

Doha Bank Agrees to Purchase HSBC Bank Oman Business in India

The free offer is part of NCB Capital’s efforts to meet all its customers’ need for live price dissemination as a progressive alternative for the current 15-minute delayed price display
April 17th, 2014 - 07:15 GMT

NCB Capital Launches Free Live Prices Services for All Alahlitadawul Customers

Al Bawaba
April 17th, 2014 - 06:30 GMT

Moody’s: NBK Well Positioned to Take Advantage of New Business Opportunities

Al Bawaba
April 17th, 2014 - 06:22 GMT

Mashreq Offers the UAE’s first INSTANT 0% Easy Payment Plan Exclusively at Gitex Shopper 2014

Dimian noted that the annual meeting between Egypt and the IMF will be scheduled after the presidential elections, slated to take place in May.
April 17th, 2014 - 02:55 GMT

Third time's a charm? Egypt gives stimulating economy with UAE money another shot

Al Bawaba
April 17th, 2014 - 02:55 GMT

Are Arab Bankers right to blame the region's deteriorating economies on the Arab Spring?

 The kingdom's banking sector remains very resilient and requirements to enhance the liquidity and reserves under Basel III will further bolster it, Rasheed Al Maraj was quoted as saying.
April 16th, 2014 - 08:07 GMT

Moving forward: Bahraini banks to adopt Basel III standards

Takaful is a cooperative system of reimbursement that adheres to Islamic law
April 16th, 2014 - 11:15 GMT

Al Hilal Takaful Discusses Industry Growth Drivers & Innovation at 9th World Takaful Conference in Dubai

Al Bawaba
April 16th, 2014 - 10:11 GMT

World Bank approves loan for Lebanon as part of Reform Project

Al Bawaba
April 16th, 2014 - 10:08 GMT

National Bank of Fujairah Announces Completion of Maiden Transactions Totalling AED 650 mil

Al Bawaba
April 16th, 2014 - 09:46 GMT

HSBC Bank Oman Staff Enhance Skillsets at Regional Leadership Development Programe

Al Bawaba
April 16th, 2014 - 06:51 GMT

Dubai Islamic Bank Foreign Ownership Limit (FOL) raised to 25 Percent

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