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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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Mastercard
August 21st, 2023 - 11:50 GMT

Mastercard and Checkout.com partner to enable instant wallet top- ups for Careem

Oil prices up as supply concern outweighs demand risks
August 21st, 2023 - 11:05 GMT

Oil prices up as tighter supply outweighs demand risks

Central bank of China cut interest rate
August 21st, 2023 - 10:03 GMT

Central bank of China cut interest rates

Gold prices in Jordan Today Monday 20 August 2023
August 21st, 2023 - 06:53 GMT

Gold prices in Jordan Today Monday 20 August 2023

Gold prices in Saudi Today Monday 20 August 2023
August 21st, 2023 - 06:39 GMT

Gold prices in Saudi Today Monday 20 August 2023

Gold prices in Qatar Today Monday 20 August 2023
August 21st, 2023 - 06:26 GMT

Gold prices in Doha Today Monday 20 August 2023

Gold prices in Dubai Today Monday 20 August 2023
August 21st, 2023 - 06:22 GMT

Gold prices in Dubai Today Monday 20 August 2023

Burgan Bank
August 21st, 2023 - 06:18 GMT

Burgan Bank Supports Kuwaiti Olympians at Budapest World Championship

Bahrain Islamic Bank (BisB)
August 21st, 2023 - 06:16 GMT

BisB Organizes Various Humanitarian and Voluntary Initiatives

Kuwait International Bank
August 21st, 2023 - 05:52 GMT

KIB sheds light on the dangers of investing in virtual assets

Chinese lenders to issue more loans
August 20th, 2023 - 12:45 GMT

Chinese lenders to issue more loans

Reunification of the Libyan central bank complete
August 20th, 2023 - 11:36 GMT

Reunification of the Libyan central bank complete

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