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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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During the event
January 9th, 2014 - 12:16 GMT

Doha Bank and Ooredoo sign pioneering technology agreement

Dubai Islamic Bank's establishment in the 1970s placed the Emirate at the forefront of the Islamic banking field (Courtesy of Emirates 24/7)
January 9th, 2014 - 12:00 GMT

Why Dubai is not the "Capital of the Islamic Economy"...yet

Al Bawaba
January 9th, 2014 - 09:05 GMT

NBAD wins best Sukuk Fund Award

The new regulations will go into effect this one. (Image credit: Shutterstock)
January 9th, 2014 - 07:26 GMT

Want to send money out of Egypt? Now you can!

The banks informed PGGM that Israeli law forbade them from not providing services in the West Bank settlements.
January 9th, 2014 - 03:55 GMT

Dutch pension fund disinvests millions from Israeli banks, and for the right reasons

Recent measures have been taken in the wake of a collapse of an exchange firm (Image credit: emirates247.com)
January 8th, 2014 - 10:37 GMT

With new rules for money exchanges, it's become a lot safer to send your money home from the UAE

Prince Alwaleed bin Talal was ranked number one in Arabian Business Magazine’s World’s 500 Most Influential Arab list of 2013 (File Archive)
January 8th, 2014 - 10:15 GMT

Why Prince Alwaleed bin Talal is still topping business charts as "Most Influential Arab" in 2013

Abu Dhabi Islamic Bank
January 8th, 2014 - 09:00 GMT

ADIB launches capital-protected car manufacturers note

The total sukuk issuances for 2013 were $120 billion. (Image credit: Shutterstock)
January 8th, 2014 - 07:21 GMT

Report: 2013 was a record year for Sukuk issuances

Turkey's central bank, statutorily independent, is trying to prop up the lira by selling dollars from its reserves.
January 7th, 2014 - 05:44 GMT

The corruption saga continues: Turkish lira hits record low

Brown spearheaded a letter signed by more than one-third of Democratic senators urging President Obama to nominate Yellen to lead the Federal Reserve System.
January 7th, 2014 - 05:23 GMT

For the first time ever, a woman is about to lead the US Fed

Shake n' Save
January 7th, 2014 - 11:44 GMT

Emirates NBD makes savings easier with launch of ‘Shake n' Save’ mobile savings product

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