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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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An image showing Citi, HSBC, State Street, and Barclay's buildings
June 25th, 2013 - 05:00 GMT

As fear recedes, recovery continues

Al Bawaba
June 25th, 2013 - 04:47 GMT

NCB Capital: efficiency and lower costs to drive 2013e earnings of KSA petrochemical sector

Faisal Aqil, Deputy CEO, Consumer Wealth Management at Emirates Islamic Bank
June 24th, 2013 - 10:05 GMT

Emirates Islamic Bank named Best Islamic Corporate Bank at Banker Middle East Industry Awards 2013

the Swiss bank failed to pay him for helping it become lead arranger on a $9 billion asset sale by the Kuwaiti telecommunications operator Zain
June 24th, 2013 - 09:24 GMT

Kuwait sheikh sues UBS for $21.4 mn in Dubai court

Al Hilal Bank celebrating Haq Al Lailah
June 24th, 2013 - 08:23 GMT

Al Hilal Bank celebrates ‘Haq Al Lailah’ with children in mid-‘Shabaan’

Al Bawaba
June 24th, 2013 - 07:36 GMT

Standard Chartered celebrates launch of VISA Infinite Credit Card at exclusive event

Al Bawaba
June 24th, 2013 - 07:10 GMT

Jordan Ahli Bank shows active support and presence at the 2013 New Think Festival

Mubadala and RDIF are each committing $1 billion
June 24th, 2013 - 05:23 GMT

Russian Direct Investment Fund and Mubadala establish co-investment fund

Bahrain Stock Exchange
June 23rd, 2013 - 11:12 GMT

Bahrain between a rock and a hard place in bond decision?

All 11 economists in a Reuters survey had forecast that the bank would keep rates unchanged
June 23rd, 2013 - 11:10 GMT

Egypt’s Central Bank keeps rates on hold

First Gulf Bank building
June 23rd, 2013 - 09:20 GMT

First Gulf Bank acquires Dubai First

Al Bawaba
June 23rd, 2013 - 08:10 GMT

HSBC bank Oman customers win 200,000 Omani riyals each month with Mandoos

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