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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
August 25th, 2013 - 07:36 GMT

MashreqMillionaire announces two Millionaires in one single month

Al Bawaba
August 25th, 2013 - 05:40 GMT

Jordan Ahli Bank sponsors summer school at the Orthodox Club

Adnan Chilwan, CEO, DIB and Sami Abdullah Gargash, CEO, MRHE, sign the agreement
August 25th, 2013 - 05:20 GMT

Dubai Islamic Bank ties up with Mohammed Bin Rashid Housing Establishment to provide home finance for UAE nationals

Al Bawaba
August 25th, 2013 - 04:42 GMT

NBK among 50 safest banks in the world for the eighth time in a row

Oman has two full-fledged Islamic banks, Bank Nizwa and Al Izz Islamic Bank, as well as several Islamic windows from conventional lenders.
August 22nd, 2013 - 03:01 GMT

Is Oman's Development Bank converting to Islam?

Al Hilal Bank campaign
August 22nd, 2013 - 10:45 GMT

Al Hilal Bank’s ‘Art of Donation’ campaign draws biggest response from Twitter

Al Bawaba
August 21st, 2013 - 08:09 GMT

NBAD awards winners of international transfer campaign

Al Bawaba
August 20th, 2013 - 09:59 GMT

United Arab Bank launches mobile banking app

Emirates Islamic Bank
August 20th, 2013 - 08:44 GMT

Emirates Islamic Bank announces successful completion of foreign currency bank note exchange campaign

Al Bawaba
August 19th, 2013 - 08:29 GMT

Mashreq organizes initiatives to mark Zayed Humanitarian Work Day

Al Bawaba
August 19th, 2013 - 07:01 GMT

HSBC lends a hand to 200 orphans and underprivileged kids

The formal framework of the Central Bank’s policy remains unchanged with the exchange rate fixed at QAR 3.64/$1.
August 18th, 2013 - 02:47 GMT

Qatar's currency peg here to stay

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