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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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During the event
January 30th, 2019 - 10:26 GMT

Burgan Bank’s Cricket Team Wins Prestigious Kuwait Cricket Bank League Championship Cup Trophy

The differences between Beijing and Washington are vast. (Shutterstock)
January 30th, 2019 - 10:25 GMT

US, China Resume Trade Talks Despite Differences Over Economic Reforms

Omani jobseekers should not wait for a government job, but rather, aspire to start their own initiatives. (Shutterstock)
January 30th, 2019 - 10:16 GMT

Oman Urges Its Youth to Explore Working in the Private Sector

Sharjah Islamic Bank
January 30th, 2019 - 10:15 GMT

Sharjah Islamic Bank Net Profit Surges 7 Percent to Dh510 Million; Proposes 8 Percent Cash Dividend

Islamic banking software refers to banking software that functions according to Shariah norms for managing and monitoring banking operations. (Shutterstock)
January 30th, 2019 - 10:12 GMT

The Meteoric Growth of Shariah-Compliant Software Market in Banking Industry

Lunar New Year is a celebration of family and friends with festive feasts and plenty of warm wishes for happiness and prosperity extended to loved ones.
January 30th, 2019 - 10:09 GMT

Emirates Treats Customers to Traditional Lunar New Year Delights

Kuwaiti Official Demands Government to Halt Employing Expats. (Shutterstock)
January 30th, 2019 - 10:06 GMT

Kuwaiti Official Demands Government to Halt Employing Expats

Saudi Arabia said on Tuesday it had suspended 126 local government employees at municipalities across the Kingdom on corruption charges. (Shutterstock)
January 30th, 2019 - 10:02 GMT

Over 100 Government Employees Suspended in Saudi Arabia on Corruption Charges

STK Doha will also offer a private dining room which can take reservations for up to 30 people.
January 30th, 2019 - 09:56 GMT

The Ritz-Carlton, Doha Announces the Opening of STK Restaurant

WCM-Q’s Dr. Thurayya Arayssi, right, and Dr. Javaid Sheikh at a ceremony to celebrate the college’s accreditation success.
January 30th, 2019 - 09:45 GMT

WCM-Q Awarded Highest ACCME Standard for Continuing Professional Education

During the event
January 30th, 2019 - 09:37 GMT

Etihad Airways and Microsoft Team up to Launch Region’s First AI Academy

The remittances are among the most important foreign exchange (FX) resources in Egypt. (Shutterstock)
January 30th, 2019 - 09:20 GMT

Remittances of Egyptian Expats Exceed $23 Billion in 2018

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