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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
October 21st, 2013 - 08:40 GMT

NBAD named Best in Branch & Customer Service

Al Bawaba
October 20th, 2013 - 12:03 GMT

Jordan Ahli Bank sponsors Super Basketball Little League for schools

Al Bawaba
October 20th, 2013 - 11:25 GMT

Doha Bank opens representative office in Canada

Emirates Islamic Bank
October 20th, 2013 - 09:49 GMT

Emirates Islamic Bank partners with Sharaf DG to offer additional 10 per cent cash back on GITEX purchases

Real GDP growth rates of 5.1 per cent for 2013 and 4.4 per cent for 2014
October 13th, 2013 - 12:19 GMT

Why Saudi Banks have a lot to gain from expansionary fiscal policies

Gulf Capital
October 13th, 2013 - 10:46 GMT

More than 80% of top SMEs in the UAE planning on hiring in the next 6 months

Al Bawaba
October 13th, 2013 - 10:26 GMT

NBAD MENA Bond Fund delivers 5.55% dividend yield for USD and 3.83% for AED share classes

In April 2013, Jordan received the second tranche of the loan to finance projects under the programme, at a total of $385 million
October 13th, 2013 - 09:40 GMT

Two 'Eids' in one? IMF to dispense third tranche of its loan to Jordan

eShopper Card
October 13th, 2013 - 09:13 GMT

Emirates Islamic Bank launches eShopper Card for online shopping

Al Bawaba
October 13th, 2013 - 08:05 GMT

Financial Results for the nine months ended 30 September 2013

Al Bawaba
October 13th, 2013 - 07:42 GMT

WFP launches e-cards for syrian refugees in Lebanon with mastercard’s support

Gulf central banks and sovereign wealth funds which are big investors in US treasuries are likely to feel the pressure of eroding confidence in dollar.
October 10th, 2013 - 11:40 GMT

The approaching avalanche? How a US debt default can hit the GCC hard

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