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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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Hani Ashkar, Middle East Senior Partner, PwC
July 1st, 2013 - 08:31 GMT

PwC names Hani Ashkar as Middle East Senior Partner

Al Bawaba
July 1st, 2013 - 06:51 GMT

Sharjah Islamic Bank named ‘Best Sukuk Structuring House in UAE’

Kuwait banks enjoy rising credit
June 30th, 2013 - 11:10 GMT

Credit growth in Kuwait continues to grow strong in banking and business sectors

EIB Payroll Card
June 30th, 2013 - 09:13 GMT

Emirates Islamic Bank launches “EIB Payroll Card” addressed to unbanked staff of business clients

Al Ansari Exchange
June 30th, 2013 - 08:52 GMT

Al Ansari Exchange to raffle off AED 2 million, 10 Peugeot cars during Summer Promotion 2013

Al Bawaba
June 30th, 2013 - 08:48 GMT

NBAD organizes investment session for women entrepreneurs

GCC corporate banks are falling behind global counterparts when compared on metric such as return on regulatory capital (Mike Hewitt/Getty Images)
June 30th, 2013 - 06:46 GMT

Gulf’s Corporate Banks At Peak Levels

500 Riyal bills
June 30th, 2013 - 05:00 GMT

High credit card interest rates drive Saudis away

Growth in broad money (M3) accelerated to 16.2 percent year-on-year (1.4 percent month-on-month) in May
June 30th, 2013 - 05:00 GMT

Saudi banks increase credit portfolio by $3.4bn in May

Dubai Investments
June 30th, 2013 - 04:47 GMT

Dubai Investments organizes health camp for labourers

Emirates NBD
June 27th, 2013 - 10:49 GMT

Emirates NBD recognised at Middle East Call Centre Awards 2013

Lebanese-Canadian Bank
June 27th, 2013 - 10:21 GMT

$102M U.S. settlement clears Lebanese-Canadian Bank

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