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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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Gold prices in Doha Today Tuesday 10 October 2023
October 10th, 2023 - 06:21 GMT

Gold prices in Doha Today Tuesday 10 October 2023

Gold prices in Dubai Today Tuesday 10 October 2023
October 10th, 2023 - 06:16 GMT

Gold prices in Dubai Today Tuesday 10 October 2023

Boursa Kuwait and HSBC organize initiative to host “Asset Managers Day” in Dubai
October 10th, 2023 - 05:49 GMT

Boursa Kuwait and HSBC organize initiative to host “Asset Managers Day” in Dubai

Day one of Al-Aqsa Flood inflicted nearly one billion in direct damages
October 9th, 2023 - 09:12 GMT

Day one of Al-Aqsa Flood inflicted nearly one billion dollars in damages

Gold prices in Amman Today Monday 9 October 2023
October 9th, 2023 - 08:50 GMT

Gold prices in Amman Today Monday 9 October 2023

Gold prices in Riyadh Today Monday 9 October 2023
October 9th, 2023 - 08:32 GMT

Gold prices in Riyadh Today Monday 9 October 2023

Gold prices in Doha Today Monday 9 October 2023
October 9th, 2023 - 08:23 GMT

Gold prices in Doha Today Monday 9 October 2023

Gold prices in Dubai Today Monday 9 October 2023
October 9th, 2023 - 08:14 GMT

Gold prices in Dubai Today Monday 9 October 2023

Israeli Shekel
October 9th, 2023 - 07:00 GMT

Bank of Israel attempts to bolster domestic currency amidst Hamas operation

Al Salam Bank Wins ‘MENA Retail Bank of the Year Award’
October 9th, 2023 - 06:07 GMT

Al Salam Bank Wins ‘MENA Retail Bank of the Year Award’

Bonds plunge after Egypt’s credit rating downgrade by Moody’s
October 8th, 2023 - 12:20 GMT

Bonds plunge after Egypt’s credit rating downgrade by Moody’s

China’s forex reserves still the world’s largest
October 8th, 2023 - 11:22 GMT

China’s forex reserves still the world’s largest

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