last trade: 1.37 AED (25 May 2017) 0.00
|SIB.ADSM||Ordinary||AED||Abu Dhabi SE||SIB|
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Sharjah Islamic Bank SIB.AD will begin investor meetings on Aug. 29 for a potential benchmark U.S. dollar-denominated sukuk issue.Reuters News - 24-Aug-2016
24th july,2016Sharjah Islamic Bank (SIB) posted a net profit of AED 257.0 million for the six month of 2016 compared to AED 204.6 million for the same period last year; a 25.6% increase. Total assets reached AED 29.8 billion at the end of the 2nd Quarter 2016 compared to AED 29.9 billion at the end of 2015.Liquid assets reached AED 6.4 billion or 21.5% of total assets at the end of the 2nd QuarterPress Release - 24-Jul-2016
Dubai, UAE - Al Etihad Credit Bureau (AECB) held its "1st Annual Al Etihad Credit Bureau Subscriber Forum" on Monday 13th June, at the JW Marriott Marquis Hotel in Dubai. The forum included 59 subscribers with senior representatives from the risk and retail divisions of financial institutions in the UAE. The event established a deeper level of engagement with all credit providers, offered aPress Release - 27-Jun-2016
Noor Bank priced debut perpetual $500 million Tier 1 capital issuance.Press Release - 29-May-2016
29 May 2016 Sharjah - Sharjah Islamic Bank (SIB), a leading shariah compliant commercial bank in the UAE, has successfully repaid a USD 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.Mr. Mohamed Abdulla, CEO of SIB, thanked the investors of the SPress Release - 29-May-2016
Changes in the global political climate have resulted in increasing uncertainty in trading markets and economies around the world. For investors, this could be either a great time to invest in assets or a better time to protect their net worth.
The UAE is embracing technology innovation with a vengeance and has seen digital payment systems become a key area of focus.