Thursday 24 July 2014
Sharjah Islamic Bank

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


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&


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


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


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


Sharjah Islamic partners with Noor Takaful

Sharjah Islamic Bank (SIB), said it has signed an agreement with Noor Takaful to offer motor Takaful insurance to all customers through its network of 23 branches. This strategic partnership will enable SIB customers to access Noor Takaful


EIB offers $40m grant to EHDC

Emirates Islamic Bank (EIB) concluded a $40 million Ijara Facility grant to the Emirates Healthcare Development Company (EHDC). This move will pave the way for sophisticated, technologically advanced and even more accessible medical facili

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