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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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Ajman Bank introduces Google Pay to Offer its Customers a  Seamless Digital Payment Experience
August 15th, 2023 - 07:54 GMT

Ajman Bank introduces Google Pay to Offer its Customers a Seamless Digital Payment Experience

Gold rates in Jordan Today Thursday 15 August 2023
August 15th, 2023 - 06:17 GMT

Gold rates in Jordan Today Thursday 15 August 2023

Gold prices in KSA Today Tuesday 15 August 2023
August 15th, 2023 - 06:10 GMT

Gold prices in KSA Today Tuesday 15 August 2023

Gold prices in Doha Today Tuesday 15 August 2023
August 15th, 2023 - 06:03 GMT

Gold prices in Doha Today Tuesday 15 August 2023

Gold prices in UAE Today Tuesday 15 August 2023
August 15th, 2023 - 05:56 GMT

Gold prices in UAE Today Tuesday 15 August 2023

Mastercard in collaboration with SAB announces the USD 30,000 grant winner of ‘Her Voice’
August 14th, 2023 - 09:15 GMT

Mastercard in collaboration with SAB announces the USD 30,000 grant winner of ‘Her Voice’

Money laundering
August 14th, 2023 - 05:44 GMT
Mansour Al-Maswari

UAE apprehends 387 suspects for money laundering

Saudi Arabia will issue billions in Sharia-compliant bonds
August 14th, 2023 - 01:23 GMT

Saudi Arabia will issue billions in Sharia-compliant bonds

Russian Rouble slips as officials blame sanctions, policy
August 14th, 2023 - 11:49 GMT

Russian Rouble slips as officials blame sanctions, policy

Stocks down, sluggish China recovery faces new challenges
August 14th, 2023 - 09:59 GMT

Stocks down, sluggish China recovery faces new challenges

Al Salam Bank Launches its Annual Summer Internship Program for Graduates
August 14th, 2023 - 09:29 GMT

Al Salam Bank Launches its Annual Summer Internship Program for Graduates

KIB signs agreement with Alsawan Group to offer financing service to customers seeking medical treatment abroad
August 14th, 2023 - 09:18 GMT

KIB signs agreement with Alsawan Group to offer financing service to customers seeking medical treatment abroad

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