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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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Faisal Aqil, Deputy CEO – Consumer Wealth Management, Emirates Islamic
November 24th, 2013 - 04:38 GMT

Emirates Islamic launches four year Wakala Investment option

Social inequality and an unequal playing field can translate into a generation’s worth of lost dreams, and sometimes a lack of finances is the only thing standing between the youth and their dreams.
November 21st, 2013 - 01:41 GMT

It's time to give the MENA's youth enough credit

بنك أبوظبي الوطني
November 21st, 2013 - 10:38 GMT

NBAD named Best Investor Relations in UAE

Muscat is increasingly considered the sukuk market of the future, despite the fact that Oman was the last country in the GCC to issue sukuk (Courtesy of Islamic Financial Times)
November 21st, 2013 - 08:06 GMT

Is Oman the next leader in the sukuk market?

Like Hong Kong in the past the UAE is dominated by family businesses and government related entities
November 20th, 2013 - 05:37 GMT

The quiet revolution: can IPO's transform the UAE into another Hong Kong?

Aleem Khan, the Head Structured Financing at NBAD
November 20th, 2013 - 09:58 GMT

NBAD appoints Head of Structured Financing

US Treasury official Daniel Glaser warned Lebanese Banks against any kind of dealing with Hezbollah and its allies (Courtesy of Wikimedia)
November 20th, 2013 - 09:53 GMT

Why is the US Treasury threatening Lebanese banks?

Al Bawaba
November 20th, 2013 - 07:38 GMT

Standard Chartered Bank launches UAE’s first ‘Online Approval in Principle’ service

The banking secotr in Saudi Arabia continues to grow in the midst of a tough global market. (Image credit: Shuterstock)
November 20th, 2013 - 06:12 GMT

In a strong showing, Saudi Arabia's bank deposits are up 14%

Al Bawaba
November 20th, 2013 - 04:32 GMT

NCB Capital appoints new Chief Executive

During Doha Bank event
November 19th, 2013 - 09:35 GMT

Doha Bank hosts “Qatar and International Trade” Knowledge-sharing session with international guest speakers

Al Bawaba
November 19th, 2013 - 09:21 GMT

ADIB receives Mohammed Bin Rashid Al Maktoum Business Award

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