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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 6th, 2014 - 07:15 GMT

Abu Dhabi Islamic Bank (ADIB) and Barclays sign agreement over UAE retail banking operations

Al Hilal Bank
April 6th, 2014 - 04:47 GMT

Sheikh Zayed Bin Hamdan Bin Zayed Al Nahyan opens 6th Al Hilal Auto Festival – Family Edition

Hani Ashkar, PwC Middle East Senior Partner
April 3rd, 2014 - 11:50 GMT

PwC completes its acquisition of Booz & Company

Al Bawaba
April 3rd, 2014 - 11:43 GMT

Mashreq revolutionizes and simplifies mobile payments with Tap n Go

Al Bawaba
April 3rd, 2014 - 11:12 GMT

MasterCard reports 40% growth in prepaid business across Asia/Pacific, Middle East & Africa for 2013

Al Bawaba
April 3rd, 2014 - 08:11 GMT

NBAD cautious income fund delivers 3.4% dividend

The diversified manufacturer and a leading investor in property sector is also planning to raise foreign ownership limit of its shares to 35 per cent of its total paid-up capita
April 3rd, 2014 - 02:55 GMT

Dubai Investments: all set for a makeover

Al Bawaba
April 2nd, 2014 - 12:16 GMT

Emirates NBD wins Best Sports Marketing Campaign at Sports Industry Awards

Al Bawaba
April 2nd, 2014 - 12:08 GMT

NBAD Ambassadors return from

Al Bawaba
April 2nd, 2014 - 11:22 GMT

MoF launches the capacity building programme for its internal auditing team on quality management systems

Al Bawaba
April 1st, 2014 - 11:19 GMT

UAE Exchange registers US$14 billion remittances from UAE, looks at growth in volumes in 2014

Al Bawaba
April 1st, 2014 - 06:21 GMT

National Bank of Fujairah receives investment grade rating from international rating agencies Moody’s and S&P

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