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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 13th, 2014 - 11:18 GMT

Emirates Islamic announces special Friday promotions at Dubai Festival City branch

Despite drops in the stock market this week, Dubai's exchange still remains one of the top 10 performers globally (File Archive)
March 13th, 2014 - 10:24 GMT

What's the deal? UAE stocks plunging again

Al Bawaba
March 13th, 2014 - 09:50 GMT

Standard Chartered organizes regional football tournament for customers and staff

2013 brought an improved financial outlook for the country's economy
March 13th, 2014 - 07:04 GMT

Is Bahrain on the brink? Manama facing 'budget deficit, inflation challenges'

The 180 million soft loan deal will be signed in Brussels on Tuesday (File Archive/Shutterstock)
March 13th, 2014 - 05:00 GMT

Jordan discusses soft loan option with EU

Al Bawaba
March 12th, 2014 - 11:47 GMT

CIMA launches innovative 2015 Professional Qualification Syllabus

Al Bawaba
March 12th, 2014 - 06:16 GMT

NBAD approves distribution of 40% cash dividends and 10% bonus shares

Insurance companies in Egypt had to pay 45.5 percent more in claims in 2012-13 than the year prior due to the uprising in the country (File Archive/AFP)
March 11th, 2014 - 12:27 GMT

Global leader in insurance market set to expand in Egypt

Al Bawaba
March 11th, 2014 - 11:22 GMT

Dubai Islamic Bank recognised as “Best Sukuk House” at EMEA Finance Awards

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

First Gulf Bank hosts UAE Real Estate and Regional Investment Markets seminar for its First Wealth clients

State revenue was KD26.63 billion in the April-January period
March 11th, 2014 - 10:55 GMT

Why Kuwait budget spending is up 8% year-on-year in April-Jan

Al Hilal Bank
March 11th, 2014 - 08:45 GMT

Al Hilal Bank – Kazakhstan shares banking expertise at Trade & Invest Central Asia forum

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