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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
November 26th, 2013 - 04:57 GMT

NCB Capital voted number one in five sectors in Middle East equity research poll

Gulf Navigation was the biggest loser, plunging 5.65 per cent to Dh0.334.
November 25th, 2013 - 04:24 GMT

Expo 2020 decision keeping everyone tense, including the stock market

Al Bawaba
November 25th, 2013 - 10:45 GMT

Emirates Islamic launches “The Innovation Challenge” for university students in the UAE

Hani AlNabulsi, Head of Business Development & Marketing in Private Banking at NBAD receives “Best Private Bank in UAE for 2013” award from Yuri Bender, Editor of Professional Wealth Management Magazine
November 25th, 2013 - 08:43 GMT

NBAD named Best Private Bank

During the workshop
November 24th, 2013 - 10:16 GMT

MoF organises workshop on international tax avoidance and proper use of tax treaties

NBAD senior executives, representatives from Zayed University as with AFAQ graduates at the graduation ceremony
November 24th, 2013 - 09:01 GMT

52 UAE Nationals Graduate from NBAD’s AFAQ Programme

With the UK and Malaysian Islamic finance markets growing, will the Middle East still serve as the hub of the Islamic economy? (Reuters)
November 24th, 2013 - 08:00 GMT

The global Islamic finance rat race: is the Middle East still a contender?

Al Hilal Bank
November 24th, 2013 - 07:57 GMT

Al Hilal Bank receives Payment Card Industry Data Security Standard (PCI-DSS) certification

Qatar National Bank has given the government of Tunisia $500 million to tighten its budget deficit (Courtesy of Bloomberg)
November 24th, 2013 - 07:28 GMT

Will Qatar's $500 million loan help Tunisia solve its economic woes?

Al Bawaba
November 24th, 2013 - 07:09 GMT

Mashreq leads OSN’s debut syndicated financing facility for US$200

Al Bawaba
November 24th, 2013 - 06:55 GMT

HSBC Bank Oman offers customers free access to Emirates Dubai Rugby Sevens Tournament

Al Bawaba
November 24th, 2013 - 04:51 GMT

Al Ansari Exchange launches Winter Promotion 2013

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