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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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KIB names winner of Al Dirwaza digital account opening draw for July
August 17th, 2023 - 08:24 GMT

KIB names winner of Al Dirwaza digital account opening draw for July

China state banks sell US dollars for Yuan in London, NY
August 17th, 2023 - 08:20 GMT

China state banks sell US dollars for Yuan in London, NY

US stocks tumble as Treasury yields rise to highest since 2008
August 17th, 2023 - 07:46 GMT

US stocks tumble as Treasuries rise to highest since 2008

Gold rates in Jordan Today Thursday 17 August 2023
August 17th, 2023 - 06:25 GMT

Gold rates in Jordan Today Thursday 17 August 2023

KSA Gold prices Today Thursday 17 August 2023
August 17th, 2023 - 06:17 GMT

KSA Gold prices Today Thursday 17 August 2023

Qatar Gold prices Today Thursday 17 August 2023
August 17th, 2023 - 06:09 GMT

Qatar Gold prices Today Thursday 17 August 2023

UAE Gold prices Today Thursday 17 August 2023
August 17th, 2023 - 06:04 GMT

UAE Gold prices Today Thursday 17 August 2023

Russian Rouble stabilized as new digital currency launches
August 16th, 2023 - 12:57 GMT

Russian Rouble stabilized as new digital currency launches

Turkish banks index soared on Moody’s ‘stable’ outlook
August 16th, 2023 - 11:43 GMT

Turkish banks index soared on Moody’s ‘stable’ outlook

Dubai Islamic Bank enhances access to ‘alt’ services by integrating with UAE PASS
August 16th, 2023 - 09:39 GMT

Dubai Islamic Bank enhances access to ‘alt’ services by integrating with UAE PASS

Headline UK inflation decelerates in July, fight far from over
August 16th, 2023 - 09:19 GMT

Headline UK inflation slows in July, fight far from over

KIB spreads financial literacy and awareness through its booth at STC HQ
August 16th, 2023 - 08:52 GMT

KIB spreads financial literacy and awareness through its booth at STC HQ

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