Sharjah Islamic profits up 10.5pc to top $108mTotal assets of the Shariah-compliant bank reached Dh44 billion at the end of September 2018 compared to Dh38.3 billion reported at the end of December 2017, representing an increase of 14.9 per cent, reported Emirates news agency Wam. More… |
Sharjah Islamic Bank lists $500m sukuk on Nasdaq DubaiNasdaq Dubai today welcomed the listing of $500 million sukuk by the Sharjah Islamic Bank, the third listing by the Emirati lender on the region’s international exchange. The new sukuk is SIB’s third listing on Nasdaq More… |
Sharjah Islamic H1 net profit rises by 6.2pcSharjah Islamic Bank, SIB, has posted a net profit of Dh272.9 million ($74.2 million) for the first half of 2017 compared to Dh257.0 million for the same period last year, with an increase of 6.2 per cent, a report said. Total ass More… |
Sharjah Islamic Bank Q1 profit up 5.9pcSharjah Islamic Bank, SIB, booked a net profit of Dh139.1 million ($37.8 million) for the first quarter of 2017, a 5.9 per cent growth compared to Dh 131.4 million in the same period last year, a report said. The bank's total More… |
Sharjah Islamic Bank lists $500m sukuk on Nasdaq DubaiSharjah Islamic Bank’s (SIB) $500 million sukuk was listed on Nasdaq Dubai today. Ahmad Saad, Deputy CEO of SIB, rang the opening bell to celebrate the listing. The listing adds further momentum to Dubai&rsquo More… |
SIB, Emirates Islamic list sukuk on Nasdaq DubaiSharjah Islamic Bank (SIB) and Emirates Islamic have listed their sukuks valued at $500 million and $250 million on Nasdaq Dubai. The listings raised the total value of sukuk listed in Dubai to $44.8 billion, reinforcing the emira More… |
Sharjah Islamic picks Infosys banking solutionsSharjah Islamic Bank (SIB), a leading Sharia-compliant bank in the Middle East, has selected e-banking and mobile banking solutions from India-based Infosys, a global leader in IT and consulting. With Finacle, SIB will be able to More… |
Sharjah Islamic Bank prices $500m sukukSharjah Islamic Bank (SIB) priced a $500 million sukuk of five years duration on Tuesday, a document from lead managers showed. The Islamic bond was priced at a spread of 110 basis points over midswaps and carried a profit rate of More… |
Sharjah Islamic Bank joins Nasdaq pIatformSharjah Islamic Bank (SIB), one of the leading national banks in the UAE, has joined Nasdaq Dubai’s Murabaha platform for Islamic financing. With this move, SIB has become the first bank to join the facility since the offici More… |
Sharjah Islamic launches $500m sukukSharjah Islamic Bank launched the sale of a $500 million sharia-compliant bond, or sukuk, on Tuesday at a profit rate of 2.95 percent, lead arrangers said. Final pricing is due to follow later on Tuesday. Abu Dhabi& More… |