Monday 20 November 2017
 
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Sharjah Islamic Bank

Sharjah Islamic H1 net profit rises by 6.2pc

Sharjah 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

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Sharjah Islamic Bank Q1 profit up 5.9pc

Sharjah 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

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Sharjah Islamic Bank lists $500m sukuk on Nasdaq Dubai

Sharjah 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

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SIB, Emirates Islamic list sukuk on Nasdaq Dubai

Sharjah 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

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Sharjah Islamic picks Infosys banking solutions

Sharjah 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

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Sharjah Islamic Bank prices $500m sukuk

Sharjah 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

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Sharjah Islamic Bank joins Nasdaq pIatform

Sharjah 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

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Sharjah Islamic launches $500m sukuk

Sharjah 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&

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Sharjah Islamic plans dollar sukuk sale

Sharjah Islamic Bank, a leading bank in the UAE, plans to sell a dollar-denominated Islamic bond, or sukuk, and has picked four banks to arrange meetings with fixed income investors, lead arrangers said. Sharjah Islamic, which con

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Sharjah Islamic Bank plans $400m sukuk

Sharjah Islamic Bank (SIB) plans to issue a $400 million Islamic bond, which will price on Wednesday, according to a document by the arranging banks. Order books are above $2 billion with pricing on the five-year, dollar-denominated issue

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