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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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Al Bawaba
July 1st, 2014 - 05:23 GMT

Cima elects new president

The Saudi banking system capitalized on reforms implemented during the financial crisis and posted record profits in 2013.
June 30th, 2014 - 03:09 GMT

How Sukuks are proving a viable financing option for Saudi Arabia

Al Bawaba
June 30th, 2014 - 01:09 GMT

A free fall? Arabtec falls another 10% in first 20 minutes of trading

Al Bawaba
June 30th, 2014 - 09:45 GMT

Standard Chartered hosts transaction Banking seminar

Al Bawaba
June 30th, 2014 - 09:20 GMT

Al Ansari Exchange launches Al Ansari Rewards – Summer Promotion 2014 with a Grand Prize of AED 1 Million

Arabtec, which remained among the top losers last week, shed 27.23 per cent.
June 29th, 2014 - 12:52 GMT

Lackluster trading activity commences with Ramadan

Al Bawaba
June 29th, 2014 - 09:11 GMT

Doha Bank CEO receives PhD in Global Governance from European University

Al Bawaba
June 29th, 2014 - 06:40 GMT

Al Ansari Exchange supports ‘UAE Water Aid’ campaign with AED 1 million donation

Al Bawaba
June 29th, 2014 - 03:55 GMT

Time to embrace e-governance? Jordan's Central Bank introduces e-FAWATEER.com

Al Bawaba
June 29th, 2014 - 03:55 GMT

Nshallah: GCC working hard to convince UAE, Oman of monetary union

Credit Card issuance is easy, but it has certain requirements and limitations that should be clear to the customer.
June 29th, 2014 - 03:55 GMT

To jump on the bandwagon or not to jump: all about owning a credit card in Egypt

FDI flows to developing economies reached a new high of $778 billion, accounting for 54 percent of global inflows in 2013
June 26th, 2014 - 01:58 GMT

Missing out on a global trend: FDI inflows are booming everywhere in the world, except for Kuwait

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