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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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Family Park Fountain, Abu Dhabi (Source: Wikimedia Commons)
July 7th, 2013 - 09:36 GMT

S&P bashes UAE Takaful sector

The Saudi stock exchange (Source: AFP file photo)
July 7th, 2013 - 07:07 GMT

Real estate valued high in the Saudi stock market

Emirates NBD officials with international football legends
July 7th, 2013 - 05:28 GMT

Emirates NBD hosts football legends at Dubai Festival City Mall

Al Bawaba
July 3rd, 2013 - 09:13 GMT

Mashreq wins 3 top awards at Banker Middle East Industry Awards

GCC banks has returned to pre-crisis levels in all markets
July 3rd, 2013 - 05:41 GMT

GCC corporate banking posts impressive performance

Two girls look out at the Doha skyline. Qatar's hydrocarbon growth is not what it used to be. But its non-oil growth has shot to over 10 percent (Albawaba/J. Zach Hollo)
July 2nd, 2013 - 08:48 GMT

Why Barclays approves expansion in the GCC

A.T. Kearney FDICI is a regular measure of senior executive sentiment at the world's largest companies (Photo Source: Wikimedia/Continentalis)
July 2nd, 2013 - 07:59 GMT

The UAE deemed the 14th best place in the world to invest

Bahrain's retail banking industry continued to post steady growth
July 2nd, 2013 - 05:25 GMT

Bahrain banks post profits exceeding $1 billion in Q1 2013

They were the biggest protests since January 2011, during the last days of the Hosni Mubarak regime.
July 2nd, 2013 - 05:20 GMT

Egypt debt insurance cost at record, more currency fall seen

Al Bawaba
July 2nd, 2013 - 04:44 GMT

Ncb Capital wins best wealth management award

Al Bawaba
July 1st, 2013 - 11:50 GMT

Emirates NBD offers customers free online remittance with the chance to win back remitted amount

Al Bawaba
July 1st, 2013 - 11:01 GMT

Jordan Ahli Bank turns to IBM to transform customer experience and accelerate growth

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