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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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Visa, YellowPepper and ABHI Partner to Provide Account-to-Account (A2A) Payments in the UAE, Pioneering Financial Inclusion and ESG-Driven Innovation
September 27th, 2023 - 12:11 GMT

Visa, YellowPepper and ABHI Partner to Provide Account-to-Account (A2A) Payments in the UAE, Pioneering Financial Inclusion and ESG-Driven Innovation

The strongest currency in the world: Is it the US dollar?
September 27th, 2023 - 09:21 GMT

The strongest currency in the world: Is it the US dollar?

KIB
September 27th, 2023 - 07:46 GMT

KIB to be closed during Prophet Mohammed’s birthday (1445H), providing services through digital platforms

Gold prices in Amman Today Wednesday 26 September 2023
September 27th, 2023 - 06:37 GMT

Gold prices in Amman Today Wednesday 26 September 2023

Gold prices in Riyadh Today Wednesday 26 September 2023
September 27th, 2023 - 06:29 GMT

Gold prices in Riyadh Today Wednesday 26 September 2023

Gold prices in Doha Today Wednesday 26 September 2023
September 27th, 2023 - 06:11 GMT

Gold prices in Doha Today Wednesday 26 September 2023

NBB Hosts Financial Literacy Workshop with AlMabarrah AlKhalifia Foundation
September 27th, 2023 - 06:11 GMT

NBB Hosts Financial Literacy Workshop with AlMabarrah AlKhalifia Foundation

Gold prices in Dubai Today Wednesday 26 September 2023
September 27th, 2023 - 05:55 GMT

Gold prices in Dubai Today Wednesday 26 September 2023

What is the strongest currency in the world today?
September 26th, 2023 - 12:38 GMT

What is the strongest currency in the world today?

US dollar hits 10-month high as Chinese yuan slides
September 26th, 2023 - 10:26 GMT

US dollar hits 10-month high as Chinese yuan slides

NBB Launches “It’s All About Winning Back” Campaign for Credit Cardholders
September 26th, 2023 - 09:39 GMT

NBB Launches “It’s All About Winning Back” Campaign for Credit Cardholders

KIB wins award for launching the first Biometric Visa Card in Kuwait
September 26th, 2023 - 09:22 GMT

KIB wins award for launching the first Biometric Visa Card in Kuwait

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