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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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Sharjah Islamic Bank organizes workshop for students on ‘Success Keys to Professional Excellence’ in the banking sector
August 2nd, 2023 - 02:43 GMT

Sharjah Islamic Bank organizes workshop for students on ‘Success Keys to Professional Excellence’ in the banking sector

UAE buys controlling stake in Europe’s PPF Telecom Group
August 2nd, 2023 - 12:06 GMT

UAE buys controlling stake in Europe’s PPF Telecom Group

Ankara re-engaged in talks to bolster EU-Turkey trade
August 2nd, 2023 - 11:26 GMT

Ankara re-engaged in talks to bolster EU-Turkey trade

Abu Dhabi Islamic Bank accelerates digital transformation journey by migrating its applications to the Cloud
August 2nd, 2023 - 11:06 GMT

Abu Dhabi Islamic Bank accelerates digital transformation journey by migrating its applications to the Cloud

Zindigi, Powered by JS Bank Launches Innovative Partnership with Mastercard to Transform Mass Transit in Karachi
August 2nd, 2023 - 11:03 GMT

Zindigi, Powered by JS Bank Launches Innovative Partnership with Mastercard to Transform Mass Transit in Karachi

Outrage over Fitch Ratings downgrade of US credit rating
August 2nd, 2023 - 10:42 GMT

Outrage over Fitch Ratings downgrade of US credit rating

KPMG and Microsoft enter landmark agreement to put AI at the forefront of professional services
August 2nd, 2023 - 08:22 GMT

KPMG and Microsoft enter landmark agreement to put AI at the forefront of professional services

Gold prices in Jordan Today Wednesday 2 August 2023
August 2nd, 2023 - 07:50 GMT

Gold prices in Jordan Today Wednesday 2 August 2023

Gold rates in Saudi Arabia Today Wednesday 2 August 2023
August 2nd, 2023 - 07:07 GMT

Gold rates in Saudi Arabia Today Wednesday 2 August 2023

NBB Sponsors Northern Governorate Summer Programme
August 2nd, 2023 - 06:41 GMT

NBB Sponsors Northern Governorate Summer Programme

Gold rates in Qatar Today Wednesday 2 August 2023
August 2nd, 2023 - 06:28 GMT

Gold rates in Qatar Today Wednesday 2 August 2023

Gold rates in UAE Today Wednesday 2 August 2023
August 2nd, 2023 - 06:17 GMT

Gold rates in UAE Today Wednesday 2 August 2023

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