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Sharjah Islamic Bank SIB
SIB 0.66%
Banks 0.93%
ADI 0.34%
Last Value
% Change
Price in AED Last Update : 20 Oct 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...

  • ITFC, WTO discuss future joint projects Oct 13, 2016 | Source : Saudi Gazette

    Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC), an arm of the Islamic Development Bank Group, has recently discussed areas of cooperation and the future of trade with Roberto Azevêdo, Director General, World...

  • New body established to enhance Islamic Awqaf Oct 13, 2016 | Source : Saudi Gazette

    A new body entitled the Awqaf International Organization (AIO) was launched during the Global Islamic Economy Summit, announced Mohammed Al-Gergawi, Minister of Cabinet Affairs and the Future and Chairman of the Executive Council of Sheikh Mohammed bin Rashid...

  • Islamic Corporation for the Development (ICD) buys Capitas Group Oct 12, 2016 | Source : Saudi Gazette

    AS part of its strategy to facilitate private sector investment, the Islamic Corporation for the Development of the Private Sector (ICD), has acquired Capitas Group International and has changed its name to Catalyst Group. The existing Catalyst...

  • Islamic finance key to fill funding gaps in sustainable development Oct 12, 2016 | Source : Saudi Gazette

    The third plenary session of the first day of the Global Islamic Economy Summit 2016 examined whether blended finance is the answer to funding sustainable development. Blended finance is defined as the complementary use of grants and...

  • Mobile tech makes financial services sector more loyal, productive and satisfied Oct 11, 2016 | Source : Saudi Gazette

    Nearly a third of workers (31%) in the financial services sector report that the use of mobile technology in and out of the workplace increases their loyalty to their employer, according to research conducted by the Economist Intelligence...

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