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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 rates in Jordan Today Wednesday 16 August 2023
August 16th, 2023 - 07:03 GMT

Gold rates in Jordan Today Wednesday 16 August 2023

Gold rates in Saudi Arabia Today Wednesday 16 August 2023
August 16th, 2023 - 06:54 GMT

Gold rates in Saudi Arabia Today Wednesday 16 August 2023

Gold rates in Qatar Today Wednesday 16 August 2023
August 16th, 2023 - 06:48 GMT

Gold rates in Qatar Today Wednesday 16 August 2023

Gold rates in UAE Today Wednesday 16 August 2023
August 16th, 2023 - 06:28 GMT

Gold rates in UAE Today Wednesday 16 August 2023

NBB Hosts Second Quarterly Investors Meeting of 2023
August 15th, 2023 - 06:40 GMT

NBB Hosts Second Quarterly Investors Meeting of 2023

Basic UK wages surge at record rates
August 15th, 2023 - 01:54 GMT

Basic UK wages surge at record rates

Oil prices rise on surprise rate cuts in China
August 15th, 2023 - 12:03 GMT

Oil prices rise on surprise rate cuts in China

Recession unlikely: Yellen is optimistic about US economy
August 15th, 2023 - 11:03 GMT

Recession unlikely: Yellen is optimistic about US economy

Emirates Islamic wins award for ‘Best Islamic Real Estate Deal’ at the Euromoney Islamic Finance Awards 2023
August 15th, 2023 - 11:02 GMT

Emirates Islamic wins award for ‘Best Islamic Real Estate Deal’ at the Euromoney Islamic Finance Awards 2023

KIB organizes a workshop on ESG essentials in banking for its staff
August 15th, 2023 - 09:21 GMT

KIB organizes a workshop on ESG essentials in banking for its staff

Gulf Insurance Group announces net profit of KD 25.3 million (US$ 82.5 million) for the first half of 2023
August 15th, 2023 - 08:25 GMT

Gulf Insurance Group announces net profit of KD 25.3 million (US$ 82.5 million) for the first half of 2023

Yuan falls further on surprise rate cuts, slow retail sales
August 15th, 2023 - 08:22 GMT

Yuan falls further on surprise rate cuts, slow retail sales

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