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BUSINESS

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Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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Al Bawaba
April 6th, 2003 - 02:00 GMT

Fitch places Al-Watany Bank on Rating Watch Negative

Al Bawaba
April 6th, 2003 - 02:00 GMT

Israel faces $200 million Iraq war bill

Al Bawaba
April 6th, 2003 - 02:00 GMT

Fransabank selects Alcatel for call center initiative

Al Bawaba
April 6th, 2003 - 02:00 GMT

German machines giant negotiating $1.5 million deals with UAE industrial firms

Al Bawaba
April 6th, 2003 - 02:00 GMT

Qatar’s diversification away from oil secures positive economic ratings

Al Bawaba
April 6th, 2003 - 02:00 GMT

Cyprus’ manageable public debt burden secures positive economic ratings

Al Bawaba
April 6th, 2003 - 02:00 GMT

New oilfield discovered in eastern Saudi Arabia

Al Bawaba
April 6th, 2003 - 02:00 GMT

Bechtel and local firm win Jeddah airport expansion project

Al Bawaba
April 6th, 2003 - 02:00 GMT

8.3 million shares change hands on Amman Stock Exchange

Al Bawaba
April 6th, 2003 - 02:00 GMT

Retail investors help maintain PSE trading activity

Al Bawaba
April 6th, 2003 - 02:00 GMT

Saudi-French venture turns down contract to supply US forces in Iraq

Al Bawaba
April 6th, 2003 - 02:00 GMT

EIB Middle East loaning schemes totaled €1.8 billion in 2002

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