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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 5th, 2013 - 09:58 GMT

Khalifa Fund organizes Abu Dhabi Forum on Entrepreneurship to incubate the next generation of business visionaries next October

Al Bawaba
August 5th, 2013 - 08:35 GMT

Mashreq celebrates EID with exciting card offers

The suspects had lured 400 individuals into investing in a non-existent project which they alleged will generate ⠀˜high returns’.
August 5th, 2013 - 06:47 GMT

Ponzi scheme pair: Father and son accused of defrauding USD 27 million in the UAE

Year-on-year credit growth was as high as 19.4 per cent in the first half of 2012, which market experts expect to stay in the single digits this year.
August 4th, 2013 - 12:52 GMT

Regulatory restrictions lead to decline in retail loans in Oman

Amman emerges as the city of the most dynamic start-ups in the Arab world, as proven by an annual 25 per cent IT sector growth and the King's efforts to modernise Jordan's economy.
August 4th, 2013 - 11:40 GMT

Small online businesses: modernizing Jordan's economy one user at a time

Faisal Aqil, Deputy CEO-Consumer Wealth Management, Emirates Islamic Bank
August 4th, 2013 - 09:14 GMT

Emirates Islamic Bank supports key social activities during the Holy Month of Ramadan

Abu Dhabi Islamic Bank
August 4th, 2013 - 08:42 GMT

ADIB and ENDP partner to boost career opportunities for UAE nationals

During the event
August 4th, 2013 - 08:25 GMT

Jordan Ahli Bank was the Platinum sponsor of Fantazia Market

Al Bawaba
August 4th, 2013 - 08:21 GMT

Registrations are now open for the Standard Chartered Dubai Marathon 2014

Al Bawaba
August 1st, 2013 - 09:18 GMT

UAE Exchange joins hands with UNICEF, donates AED 100,000

13 sectors showed a collection of 656.3 points for the day
July 31st, 2013 - 01:55 GMT

Saudi Banks & Financial Services in 1.81% surge

Al Bawaba
July 30th, 2013 - 09:48 GMT

Burgan Bank wins “Best Domestic Retail Bank of the Year” award from the Asian Banking & Finance Magazine

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