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Sharjah Islamic Bank SIB
SIB 0.68%
Banks 0.90%
ADI 1.12%
1.49
Last Value
+0.01
Change
0.68%
% Change
Price in AED Last Update : 30 Nov 2016 2:15 pm (local time)
  • SIB successfully issues US$500 million sukuk Sep 04, 2016 | Source : WAM

    The Sharjah Islamic Bank PJSC (SIB) has successfully issued a US$500 million sukuk (Islamic finance bond) in international capital markets, eliciting an outstanding response from investors and garnering orders to the tune of US$1.6 billion, thus resulting in...

  • Sharjah Islamic Bank repays US$400 million Sukuk May 29, 2016 | Source : WAM

    Sharjah Islamic Bank, SIB, a leading Sharia compliant commercial bank in the UAE, has successfully repaid a US$ 400 million Sukuk. The Sukuk had been raised in May 2011 under challenging market circumstances. The funds raised were used for general...

  • Sharjah Islamic Bank repays $400m sukuk May 28, 2016 | Source : Khaleej Times

    Sharjah Islamic Bank (SIB) has successfully repaid a $400 million sukuk. The sukuk had been raised in May 2011 under challenging market circumstances. The funds raised under the sukuk were used for general corporate purposes and business expansion of SIB. Mohamed...

  • SIB profit up 3% to Dh131.4m in Q1 Apr 18, 2016 | Source : Khaleej Times

    Sharjah Islamic Bank on Monday declared a net profit of Dh131.4 million for the first three month of 2016 compared to Dh106.9 million for the same period last year; showing a 22.9 per cent increase. The bank's net operating income increased...

  • Sharjah Islamic Bank approves cash dividend of 10% Feb 28, 2016 | Source : WAM

    Sharjah Islamic Bank’s ordinary general assembly meeting has approved a cash dividend of 10 percent of the nominal value of the shares, following the bank’s announcement of a net profit of AED409.9 million in 2015. This represents an increase of nine...

  • Abu Dhabi Global Market and FinanceMalta sign MoU on bilateral cooperation Nov 27, 2016 | Source : WAM

    Abu Dhabi Global Market, ADGM, the international financial centre in Abu Dhabi, and FinanceMalta, the organisation responsible for the development of Malta’s financial centre, have signed a Memorandum of Understanding, MoU, to enable further collaboration on joint initiatives...

  • GCC banks look to Africa for new opportunities: EY Nov 21, 2016 | Source : Saudi Gazette

    The larger local banks in the GCC are approaching saturation in their home market and are starting to venture out to attractive markets such as Africa, EY’s GCC Wealth and Asset Management Report 2016 titled “Global forces drive...

  • UBF Board of Directors reviews latest banking sector developments Nov 20, 2016 | Source : WAM

    The Board of Directors of the UAE Banks Federation, UBF, met today in Dubai to review the latest developments in the banking sector. Presided over by Abdul Aziz Al Ghurair, Chairman of UBF, the meeting discussed the...

  • Federal Bank to expand overseas footprints Nov 16, 2016 | Source : Khaleej Times

    Federal Bank, a leading Indian private sector banks, opened its second UAE representative office in Dubai as part of a strategy to expand footprints in the Gulf to serve its fast growing overseas clients estimated at over 800,000.

  • Abu Dhabi hosts Middle East Banking Forum 2016 Nov 14, 2016 | Source : WAM

    The issues and challenges facing the region’s banking industry were under the spotlight at the Middle East Banking Forum 2016, which took place today at The St. Regis Corniche Abu Dhabi. Hosted by the UAE Banks Federation,...

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