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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 10th, 2013 - 05:48 GMT

United Arab Bank appoints Howard Kitson as Head of Wholesale & International Banking

Al Bawaba
November 7th, 2013 - 10:07 GMT

MoF participates in the nationwide campaign to mark “Flag Day”

Al Bawaba
November 7th, 2013 - 09:12 GMT

Global Finance: NBAD safest bank in emerging markets

Prince Alwaleed Bin Talal Alsaud is one of 64 billionaires from KSA (Courtesy of Forbes Magazine)
November 7th, 2013 - 07:10 GMT

And the Middle East country with the most billionaires is....

Better governance is key to being able to access global capital at lower interest rates.
November 7th, 2013 - 06:38 GMT

S&P report identifies factors to unlock GCC access to capital

KPMG said its new team will be able to provide clients with world-class advice on some of the main issues facing banks in this industry.
November 7th, 2013 - 04:55 GMT

KPMG gets on the lucrative Islamic finance bandwagon

Al Bawaba
November 7th, 2013 - 04:26 GMT

GCC is emerging as an attractive investment destination, says Alpen Capital’s latest industry report

First Gulf Bank
November 6th, 2013 - 10:31 GMT

First Gulf Bank acquires Dubai First for AED 601 million

During the event
November 6th, 2013 - 10:12 GMT

alizz islamic bank stands united in the fight against cancer

Emirates NBD Board Members & Senior Executives raise UAE National flag
November 6th, 2013 - 09:22 GMT

Emirates NBD celebrates Flag Day

UK Financial Secretary to the Treasury Sajid Javid told reporters at the World Islamic Economic Forum that GIFIG will include members from key Islamic finance centers, such as the central bank governors from Kuwait, Bahrain, Qatar, UAE, the UK and Malaysia (Courtesy of the Telegraph)
November 6th, 2013 - 09:16 GMT

Is the UK the next leader in Islamic finance? British treasury establishes Islamic finance monitoring group

Nimish Dwivedi, Head of Payments, Mashreq
November 6th, 2013 - 07:34 GMT

Mashreq launches innovative Easy Cheque solution to pay anyone, anywhere

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