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- Bahrain All Share Index, Islamic Index close higher
- CMA compensates 17,000 investors with SR1.196 billion in Dar Alarkan case
- Kuwait seeks to expand aviation ties, strengthen international cooperation
- Opec+ plans another oil output hike in November
- Oman's central bank issues treasury bills worth OMR2.25mn
- Dar Al Arkan to launch landmark Manhattan masterplan in Jeddah
- Accor to develop portfolio of over 3,000 keys in Saudi Arabia
- OIA expands global AI portfolio with UK-based Salience Labs
- Qatar awards $3.3bn worth 13 infrastructure contracts
- talabat improves insurance coverage benefits for delivery riders in UAE
03/04/2018 08:09 AST
Sharjah Islamic Bank has mandated HSBC and Standard Chartered to coordinate the potential sale of dollar-denominated sukuk, sources familiar with the matter said.
The Islamic bonds will be of benchmark size, which normally means upwards of $500 million (Dh1.83 billion), and are expected to have a five-year tenor.
The notes will be issued over the next few weeks, and the sale could be announced as soon as this week, depending on market conditions.
The bank did not immediately respond to a request for comment.
HSBC and Standard Chartered are global coordinators for the planned deal, but other banks will join as arrangers, said one of the sources.
Sharjah Islamic Bank has $500 million in outstanding sukuk, issued in 2013, that matures this month. It has sold two additional international sukuk of $500 million each in 2015 and 2016, both with five-year maturities.
Gulf News
16/07/2025
Sharjah Islamic Bank (SIB) achieved a net profit after tax of Dh697.2 million in the first half of 2025 compared to Dh558.7 million in the first half of 2024, an increase of 25 per cent, helped by a
Khaleej Times
22/01/2018
Sharjah Islamic Bank (SIB) said it will look into a proposal for the distribution of 8 per cent cash dividends, valued at Dh234.78 million.
The proposal will be reviewed during the annual
Gulf News
16/01/2018
Sharjah Islamic Bank (SIB) on Monday reported a full year 2017 net profit of Dh477.7 million compared with Dh462.9 million in 2016.
Despite booking a total provision of Dh253.8 million, whic
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.00 | -0.30 (-0.08 |
| FAB | 15.66 | 0.16 (1.03 |
| EMIRATESNBD | 24.40 | 0.25 (1.03 |
| ADCB | 14.30 | 0.04 (0.28 |
| ADIB | 22.30 | 0.32 (1.45 |
30/09/2025
Dar Al Arkan, Saudi Arabia's leading real estate developer, is planning to launch its landmark masterplan, named Manhattan, covering 1 million sq m of prime land in the heart of Jeddah.
"Th
Trade Arabia
30/09/2025
talabat, the on-demand delivery platform in the Middle East and North Africa (MENA), has expanded its set of mandatory safety insurance requirements for all delivery fleet partners operating in the U
Gulfnews
29/09/2025
In line with its mission to deliver an excellent customer experience and lead with innovation, Burgan Bank announced receiving the coveted 'Elite Quality Recognition Award' for the year 2024 from JP
Kuwait Times
29/09/2025
Oman Arab Bank (OAB) has announced the successful completion of its rights issue, through which 333,333,333 new shares were issued, raising RO50mn. Following the transaction, the bank's paid-up capi
Muscat Daily
29/09/2025
Batelco by Beyon and the Bahrain Chamber of Commerce & Industry have signed an agreement to strengthen collaboration in support of small and medium enterprises (SMEs) and enable their success within
Trade Arabia
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