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BUSINESS

BUSINESS latest

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
November 27th, 2000 - 02:00 GMT

Digital e-commerce exchange to be launched in Oman

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November 27th, 2000 - 02:00 GMT

Lebanon’s capital markets: A weekly overview

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November 27th, 2000 - 02:00 GMT

Mixed activity in wait-and-see period for Beirut’s Stock Exchange

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November 27th, 2000 - 02:00 GMT

Lebanon approves new law unifying bank share categories

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November 27th, 2000 - 02:00 GMT

Increased competition builds in Yemen’s insurance sector

Al Bawaba
November 27th, 2000 - 02:00 GMT

Kuwait set to sell stocks in local firms from early 2001

Al Bawaba
November 27th, 2000 - 02:00 GMT

EDL: necessary reforms before privatization

Al Bawaba
November 27th, 2000 - 02:00 GMT

Lebanese banking sector: A brief update

Al Bawaba
November 27th, 2000 - 02:00 GMT

Iranian conservatives see election gambit in govt's monetary policy

Al Bawaba
November 27th, 2000 - 02:00 GMT

Italian firms win $587-million Dubai power contract

Al Bawaba
November 27th, 2000 - 02:00 GMT

US firm wins $411-million contract for Omani power plant

Al Bawaba
November 27th, 2000 - 02:00 GMT

Vanco and Lasmo Deepen Commitment Offshore Morocco –- Sign Exploration Permits

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