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- Gulf Bank hosts AI workshop in collaboration with INJAZ to support & empower youth
- Salalah Free Zone attracts OMR187 million in investments during first half of 2025
- FSA unveils regulatory framework for Promising Companies Market
- Zain Bahrain launches exclusive club for premium customers
- Kamco Invest Saudi relocates to King Abdullah Financial District
- Work starts on Bahrain's first major utility-scale power plant
- SNB Capital leads $1.9bn rights issue for Acwa Power
- World Bank's IFC Approves Oman Polysilicon Project Loan
- Kuwait Signs Contracts for Al-Zour North Power Plant Project
- Egypt to Auction 550 Million Euros in One-year Euro-denominated T-bills
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 | 400.20 | 0.10 (0.02 |
| FAB | 17.94 | -0.02 (-0.12 |
| EMIRATESNBD | 26.70 | -0.20 (-0.75 |
| ADCB | 15.80 | 0.24 (1.54 |
| ADIB | 23.34 | -0.10 (-0.43 |
11/08/2025
As part of its ongoing commitment to supporting youth and equipping them with the tools of the future, Gulf Bank, in collaboration with INJAZ Kuwait, organized an interactive workshop on Artificial I
Kuwait Times
11/08/2025
Zain Bahrain, a leading telecom and technology provider in the Kingdom, is proud to announce the launch of 'Signature', an exclusive club for its premium customers.
Signature offers a range
Trade Arabia
11/08/2025
Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, announced today (August 9) the relocation of its Saudi office to King Abdullah Financial District
Trade Arabia
11/08/2025
SNB Capital, a leading regional financial institution, said it has successfully completed the SAR7.1 billion ($1.9 billion) capital increase of Acwa Power, Saudi Arabia's leading developer, investor,
Trade Arabia
11/08/2025
Abu Dhabi National Oil Company for Distribution, the retail arm of the UAE's state energy giant, is accelerating its push into Saudi Arabia, with plans to open 160 new service stations by next year,
Gulfnews
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