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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
February 27th, 2014 - 05:55 GMT

100% cash dividend and 30% bonus shares for 2013 announced at FGB Annual General Meeting

Al-Waleed has been featured in Bloomberg’s Billionaires Index with a personal fortune of $30.5 billion as of Feb. 25, 2014.
February 27th, 2014 - 12:16 GMT

Someone's ego is finally appeased: After severing ties with Forbes, Al-Waleed bin Talal makes it to bloomberg's billionaires list

Al Bawaba
February 26th, 2014 - 08:04 GMT

Emirates Islamic Gold certificate offers customers secure and convenient options to invest in gold

Al Bawaba
February 26th, 2014 - 07:59 GMT

Standard Chartered appoints Head of Wholesale Banking for its operations in Iraq

Al Bawaba
February 26th, 2014 - 07:53 GMT

Al Ramz Securities kicks off 2014 by topping UAE markets in January

Sudan is also subject to comprehensive economic sanctions since 1997 over terrorism charges as well as human right abuses.
February 26th, 2014 - 03:55 GMT

Time for a deal? Sudan discloses that $48.2m of its assets are frozen under US sanctions

The  Bank of Israel fears that the slowdown will worsen in the coming months, and it prefers to act now.
February 26th, 2014 - 03:55 GMT

In ominous move, Bank of Israel shows that it's expecting the worst for the economy

Al Bawaba
February 25th, 2014 - 02:44 GMT

Bernanke to speak at NBAD’s GFMF in Abu Dhabi

Al Bawaba
February 25th, 2014 - 09:45 GMT

Al Hilal Bank wins two major prizes at 2013 Islamic Finance News Awards

Al Bawaba
February 24th, 2014 - 02:37 GMT

Despite warnings by central banks, one can officially say that bitcoins have finally made their way to the Middle East!

Al Bawaba
February 24th, 2014 - 12:52 GMT

Emirates NBD recognised in Power 100 Social Media Rankings compiled by The Financial Brand

Al Bawaba
February 24th, 2014 - 12:03 GMT

Dubai Investments targets 40% surge in glass demand in 2014

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