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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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Al Bawaba
February 3rd, 2014 - 09:55 GMT

Sheikh Nahyan bin Mubarak Al Nahyan visits FGB stand at Tawdheef 2014

The Chartered Institute of Management Accountants
February 3rd, 2014 - 07:48 GMT

CIMA celebrates impressive 2013 growth in the UAE

Al Bawaba
February 3rd, 2014 - 05:41 GMT

alizz islamic bank holds fatwa & shari’a supervisory board meeting

A haircut on Greek bonds in 2011 practically paralysed Cypriot banks.
February 3rd, 2014 - 03:55 GMT

How GCC investors can thrive on Cyprus' misery

The trades “lost substantially all of their value” during the crisis and expired worthless during in 2011, the fund alleges.
February 2nd, 2014 - 06:39 GMT

Should the law protect fools? Libya to sue Goldman Sachs for $1 billion claiming employees' naivety

Amani Al Khaledi, the Head of Emiratisation at NBAD
February 2nd, 2014 - 12:57 GMT

NBAD to recruit over 100 UAE Nationals in 2014

Al Bawaba
February 2nd, 2014 - 11:48 GMT

Standard Chartered to reach out to Emirati talent via participation at Tawdheef

Al Bawaba
February 2nd, 2014 - 11:41 GMT

Mashreq launches innovative Current Account designed to automatically “sweep” idle money into an interest-paying deposit account

Al Bawaba
February 2nd, 2014 - 09:59 GMT

Emirates NBD wins Banking and Finance Customer Care Excellence Award

Al Bawaba
February 2nd, 2014 - 08:24 GMT

Foreign invasion: How Lebanese banks abroad are supporting the domestic finance sector

The consequences of a deeply depreciated Turkish lira would have been worse.
January 30th, 2014 - 08:39 GMT

Did the Turkish Central Bank just save the lira at the expense of Erdogan's 'face'?

Al Bawaba
January 30th, 2014 - 10:50 GMT

Saudi is giving how much aid funding to Egypt?!?!

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