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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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KIB conducts Business Continuity simulation exercise to further strengthen response of Crisis Management Team
November 8th, 2023 - 08:16 GMT

KIB conducts Business Continuity simulation exercise to further strengthen response of Crisis Management Team

Central bank of China to step in for debt-laden regions, developers
November 8th, 2023 - 08:09 GMT

Central bank of China to bail out debt-laden developers, local gov't

For a Sustainable Future: Dubai Islamic Bank Empowers Youth Financial Literacy
November 8th, 2023 - 07:45 GMT

For a Sustainable Future: Dubai Islamic Bank Empowers Youth Financial Literacy

Gold prices in Amman Today Wednesday 8 November 2023
November 8th, 2023 - 06:52 GMT

Gold prices in Amman Today Wednesday 8 November 2023

Gold prices in Riyadh Today Wednesday 8 November 2023
November 8th, 2023 - 06:48 GMT

Gold prices in Riyadh Today Wednesday 8 November 2023

Cleveland Clinic Abu Dhabi and Mohamed bin Zayed University of Artificial Intelligence sign MoU to promote research and education
November 8th, 2023 - 06:45 GMT

Cleveland Clinic Abu Dhabi and Mohamed bin Zayed University of Artificial Intelligence sign MoU to promote research and education

Gold prices in Doha Today Wednesday 8 November 2023
November 8th, 2023 - 06:42 GMT

Gold prices in Doha Today Wednesday 8 November 2023

Gold prices in Dubai Today Wednesday 8 November 2023
November 8th, 2023 - 06:33 GMT

Gold prices in Dubai Today Wednesday 8 November 2023

Amlak Finance Reports Third Quarter 2023 Financial Results
November 8th, 2023 - 06:30 GMT

Amlak Finance Reports Third Quarter 2023 Financial Results

Oil prices ease on mixed China trade data as US dollar rebounds
November 7th, 2023 - 11:00 GMT

Oil prices ease on mixed China trade data as US dollar rebounds

China exports drop in October despite growth in third quarter
November 7th, 2023 - 10:32 GMT

China exports drop in October despite growth in third quarter

KIB wins tender to manage real estate portfolio for Zakat House
November 7th, 2023 - 09:10 GMT

KIB wins tender to manage real estate portfolio for Zakat House

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