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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 3rd, 2013 - 11:45 GMT

Capital Club Bahrain reaches new heights with Bahrain Financial Harbour partnership

Setting a minimum and a maximum wage in Egypt has long been a popular demand.
November 3rd, 2013 - 09:59 GMT

Egypt's private sector remains exempt from minimum wage law

However, among the young adults whose families struggle with emergency costs, only 47 per cent have developed the saving habit.
November 3rd, 2013 - 08:52 GMT

Bad money habits? Blame your parents!

The announcement was made at the World Islamic Economic Forum being held in London.
November 3rd, 2013 - 08:31 GMT

Dubai's Islamic Development Bank to release $37 billion in sukkuks on Nasdaq

HSBC Bank Oman
November 3rd, 2013 - 04:50 GMT

HSBC Bank Oman Q3 2013 net profit increases by 20.6%

Alex Thursby
October 31st, 2013 - 11:40 GMT

NBAD ceo outlines expansion strategy

In light of the dirty tactics UAE banks have used against their customers, the UAE Banks Federation announced last month that it is working out a ‘code of conduct’ for the sector to “build a professional and transparent environment to serve customers’ interests and rights” (Courtesy of Executive News Wire)
October 31st, 2013 - 07:00 GMT

Don't be fooled by UAE bank trickery: 12 dirty tricks to look out for in the Emirates

Al Bawaba
October 31st, 2013 - 07:00 GMT

Safe haven: Majority of expats believe that their children are safer in the UAE than their home countries according to HSBC Report

Mashreq's CEO, H.E. AbdulAziz Al Ghurair
October 31st, 2013 - 06:03 GMT

Mashreq posts 34% increase in Net Profit for the first nine months of 2013

Mr. Fahad Al Rajan, AUB Chairman
October 30th, 2013 - 12:25 GMT

Ahli United Bank reports arecord profit of US$ 502.2 million for period ended 30 September2013

During the event
October 30th, 2013 - 10:53 GMT

FGB launches career development initiative for 123 UAE National employees in 12 learning centers

Al Bawaba
October 30th, 2013 - 10:09 GMT

Sharjah Islamic Bank launches Al Nukhba Programme to develop leadership skills and competencies

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