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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 14th, 2014 - 04:25 GMT

NBAD MENA Dividend Leader Fund delivers5.59% & 5.52%

Bank Muscat customers will be able to purchase insurance policies within the network of the bank’s branches
April 13th, 2014 - 02:03 GMT

Bank Muscat and AIG Form Bancassurance Partnership in Oman

Abu Dhabi Commercial Bank
April 13th, 2014 - 11:42 GMT

ADCB Launches Simplified Personal Finance through ‘SimplyLife’

Al Bawaba
April 13th, 2014 - 10:30 GMT

Lagging behind? Biggest challenge for UAE banks is customer service, official says

Al Bawaba
April 13th, 2014 - 09:07 GMT

ADIB arranges AED 1.2 billion financing for “IMG Worlds of Adventure”

Al Bawaba
April 10th, 2014 - 09:00 GMT

Mashreq’s ‘Find the Futebol’ app creates overwhelming social media response

Al Bawaba
April 10th, 2014 - 08:55 GMT

Saudi Prince hailed for criticizing country's banks' shortcomings

Al Bawaba
April 10th, 2014 - 08:41 GMT

Emirates NBD partnered with Zomato under ‘Bon Appétit’ programme

In an apparent step to distance itself from political pressure, Turkey's central bank said on Monday that the bank will decide for itself on the timing of any future interest rate cuts.
April 9th, 2014 - 05:04 GMT

Turkey's central bank approach: keep calm and defy Erdogan

The scenario's basic assumptions are a reduction in GDP, a sharp rise in the interest rate, a 20% drop in home prices, and a 12% unemployment rate
April 9th, 2014 - 04:49 GMT

An impending mortgage crisis in Israel? Well, the central bank can already envision one

First Gulf Bank
April 9th, 2014 - 11:13 GMT

FGB tackles underinsurance levels and supports growth of insurance sector

Al Bawaba
April 9th, 2014 - 09:05 GMT

Emirates Islamic unveils new suite of MasterCard Debit Cards

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