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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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No more targets for FX-protected Turkish lira deposits
August 20th, 2023 - 08:37 GMT

No more targets for FX-protected Turkish lira deposits

KIB announces winners of Al Dirwaza account’s seventh draw
August 20th, 2023 - 07:47 GMT

KIB announces winners of Al Dirwaza account’s seventh draw

BisB Organizes Various Humanitarian and Voluntary Initiatives
August 20th, 2023 - 06:37 GMT

BisB Organizes Various Humanitarian and Voluntary Initiatives

Burgan Bank Issues Visa x-change Prepaid Card
August 20th, 2023 - 06:19 GMT

Burgan Bank Issues Visa x-change Prepaid Card

Gold prices in Amman Today Sunday 20 August 2023
August 20th, 2023 - 06:15 GMT

Gold prices in Amman Today Sunday 20 August 2023

Gold prices in Saudi Today 20 August July 2023
August 20th, 2023 - 06:10 GMT

Gold prices in Saudi Today 20 August July 2023

Gold prices in Doha Today Sunday 20 August 2023
August 20th, 2023 - 06:03 GMT

Gold prices in Doha Today Sunday 20 August 2023

Gold prices in Dubai Today Sunday 20 August 2023
August 20th, 2023 - 05:52 GMT

Gold prices in Dubai Today Sunday 20 August 2023

Fed officials divided on further hiking US interest rates
August 17th, 2023 - 11:16 GMT

Fed officials divided on further hiking US interest rates

Insights into schengen Visa application expenditure and outcomes for different nationalities in 2022
August 17th, 2023 - 10:53 GMT

Insights into schengen Visa application expenditure and outcomes for different nationalities in 2022

US dollar rises, UK sterling up as yen, Euro, Aussie dip
August 17th, 2023 - 10:09 GMT

US dollar rises, UK sterling up as Yen, Euro, Aussie dip

ADIB's Digital Adoption Surges with 80% of Customers Embracing Digital Services
August 17th, 2023 - 09:09 GMT

ADIB's Digital Adoption Surges with 80% of Customers Embracing Digital Services

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