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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 13th, 2013 - 09:24 GMT

NBAD named Asset Manager of the Year

Nexus has recently expanded its operations in Bahrain and Kuwait (Courtesy of Jobs4Bahrainis)
November 13th, 2013 - 06:37 GMT

"Business is booming" for GCC's largest independent insurance broker

The proposed Islamic corporate governance center represents one of the first times that Dubai has attempted to standardize Islamic guidelines for corporate behavior beyond bank and insurance institutions (Courtesy of Emirates 247)
November 12th, 2013 - 01:28 GMT

Dubai slated to open first Islamic corporate governance center

Al Bawaba
November 12th, 2013 - 09:34 GMT

National Bank of Fujairah extends further support to seafarers through Angel Appeal

Driven by demand for infrastructure and investment financing, Qatar’s Islamic banks are expected to grow to $100bn by 2017, a report has shown.
November 11th, 2013 - 11:44 GMT

We're talking trillions here: Balance sheets of the Gulf's Islamic Banks about to reach enormous levels

Al Bawaba
November 11th, 2013 - 08:00 GMT

Emirates NBD recognised for Best Social Media Strategy at The Marketing Show Awards

Lack of investing options are holding back the growth of Islamic pension funds. (Image credit: Shutterstock)
November 11th, 2013 - 06:04 GMT

The pent up $190 billion opportunity in Islamic retirement funds

During the event
November 11th, 2013 - 05:30 GMT

NCB Capital named Middle East Wealth Manager of the year

Earlier this year, KIA said that it has more than doubled its investments in the UK over the last 10 years.
November 11th, 2013 - 04:55 GMT

Anything for those Sovereign Wealth Funds: the UK's heavy flirting with Kuwait for investments

At the start of November, the bank returned a $500m deposit to Qatar after Qatar refused to renew it upon its maturity, Reuters reported last Wednesday.
November 10th, 2013 - 08:44 GMT

Egypt's Foreign Reserves Drop and Qatar might have something to do with it

Al Bawaba
November 10th, 2013 - 08:19 GMT

Mashreq honored by coveted ACN Arab Technology Award

During the ceremony
November 10th, 2013 - 07:16 GMT

Al Hilal Bank honors new generation of bankers in special Graduation Ceremony

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