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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
March 26th, 2014 - 10:19 GMT

NBAD Sukuk arrangement named Deal of Year

Banking has been a pioneer in this area and mobile banking is leading among many expatriates
March 26th, 2014 - 09:55 GMT

Mobile banking is gaining traction in the UAE

Al Bawaba
March 26th, 2014 - 08:40 GMT

MENA investors, beware of the dark side of Bitcoin

The International Monetary Fund, or IMF, urged GCC regulators to continue to ensure that banks maintain higher capital than required by minimum international standards.
March 26th, 2014 - 12:25 GMT

IMF tells GCC banks to be prepared for the worst

Al Bawaba
March 25th, 2014 - 11:55 GMT

Emirates Islamic launches Abu Dhabi Rewards Credit Card

Al Ansari Exchange
March 25th, 2014 - 10:54 GMT

Al Ansari Exchange & Western Union announces start of 2014 edition of inter-university ‘Business for Better’ competition

Al Bawaba
March 25th, 2014 - 09:28 GMT

Mashreq Essentials welcomes new employees to the UAE

“This sector is beginning to make waves in the U.K. but needs to be nurtured from alternative investment to major league player,” Heaton said.
March 25th, 2014 - 03:47 GMT

Feigning devotion: UK focuses efforts on halal investing

In a statement to The Jordan Times on Monday, the bank said the employees, who resigned in October 2013, have withdrawn the money from other banks' ATMs.
March 25th, 2014 - 02:38 GMT

Jordan's Bank al Etihad reveals JD207,000 embezzlement case by former employees

Though local newspapers published that Jordan's inflation rate in 2014 has increased by 3.2 per cent in the first two months, the overall inflation is actually down 5.6 per cent in comparison to last year's figures (File Archive/Shutterstock)
March 24th, 2014 - 01:00 GMT

Stop the Presses: Jordan's inflation in 2014...is down?!

Al Bawaba
March 24th, 2014 - 12:35 GMT

NBK opens its new UAE Head Office in Dubai

Al Bawaba
March 24th, 2014 - 11:53 GMT

National Bank of Fujairah wins Best Customer Service for Corporate Banking, SME Trade Finance Offering & Treasury Management accolades at the 2014 Banker ME Product Awards

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