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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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Bank Sohar
June 27th, 2013 - 10:18 GMT

Fitch affirms Bank Sohar at 'BBB+'; Outlook Stable

Zain Building
June 27th, 2013 - 10:17 GMT

Zain Saudi extends $2.4 billion Islamic finance until 31 July -- statement

Al Bawaba
June 27th, 2013 - 07:51 GMT

NBAD wins Corporate Governance Award

The Abu Dhabi Fund for Development has signed a memorandum of understanding with Morocco
June 26th, 2013 - 12:11 GMT

ADFD to fund projects worth $1.25b in Morocco

The proceeds from the issuance will be used to fund the purchase of Islamic financing
June 26th, 2013 - 10:07 GMT

Malaysian Cagamas Sukuk more than two times oversubscribed

Al Bawaba
June 26th, 2013 - 10:07 GMT

NBAD MasterCard cardholders to win 3 MINI Cooper S Coupés and Turkish Airways tickets

S2 is 54 percent owned by Abu Dhabi National Energy Co (TAQA)
June 26th, 2013 - 09:59 GMT

Abu Dhabi power plant picks banks for bond meetings

During the event
June 26th, 2013 - 09:56 GMT

Emirates Islamic Bank contributes AED 7 million to Dubai Health Authority

Nakheel tower
June 26th, 2013 - 09:47 GMT

Dubai developer Nakheel in talks to refinance $2.2 billion loan

Al Bawaba
June 25th, 2013 - 10:04 GMT

HSBC recognised as Best Wealth Management Firm at the 2013 Banker Middle East Industry Awards

Al Bawaba
June 25th, 2013 - 09:31 GMT

UAE Exchange awards employers for excellence under Smart Pay Appreciation Programme 2012

Stack of 50 euros bills
June 25th, 2013 - 05:00 GMT

Qatar and France launch $200m investment fund

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