Monday 18 June 2018

Nasdaq Dubai welcomes SIB, Damac sukuk listings

Nasdaq Dubai welcomed the listing yesterday (April 18) of two Sukuk by UAE issuers - Sharjah Islamic Bank (SIB), one of the UAE’s most prominent Islamic financial institutions and Damac Properties, a leading real estate developer.


20 Gulf bonds likely in 6 months: Stanchart

The Gulf region could see up to 20 bond issues over the next six months, Standard Chartered's top executive for the region said on Monday, buoyed by global demand for emerging market debt. After a slow start to the year, primary issuan


Sharjah Islamic picks banks for sukuk

Sharjah Islamic Bank (SIB) has picked HSBC and Standard Chartered as joint lead managers for an Islamic bond, the lender said on Sunday. The Islamic bond, or sukuk, will be launched subject to market conditions after roadshows taking place


SIB profit jumps 50pc to Dh302m

Sharjah Islamic Bank (SIB) has reported a 50 per cent jump in net profits to Dh301.8 million ($82.17m) last year. Total assets increased by 42 per cent to Dh10.9 billion, customer's financing receivables increased by 44 per cent to Dh6.5 b

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