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- Oman's Islamic finance industry set to reach $45bn this year, says Fitch
- MSX index records seventh straight monthly gain, up 7.9% in January
- Gulf Bank reports net profit of KD 52.4 million for full year 2025
- Gulf Bank participates in Al-Bayan Bilingual School carnival to support financial literacy
- OPEC+ agrees to keep oil output unchanged
- QNB: Macro environment still positive for emerging market in 2026
- QFC introduces 'targeted incentives' as it returns to Web Summit 2026
- UAE's non-oil foreign trade exceeds Dh3.8 trillion for first time in history
- Gold, silver panic sell-off in UAE driven by profit-booking, say jewellers
- GWC inks strategic collaboration with EU cloud platform Apify
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
23/01/2026
Sharjah Islamic Bank delivered a strong financial and operational performance during 2025, supported by balanced growth across its core activities. Net profit after tax reached Dh1.32 billion, repres
Khaleej Times
27/10/2025
Sharjah Islamic Bank (SIB) announced the successful sale of all its treasury shares, amounting to 167.67 million shares, representing 5.18 percent of the Bank's total share capital.
The sale
Khaleej Times
08/10/2025
Sharjah Islamic Bank (SIB) on Tuesday reported a robust financial performance for the first nine months of 2025, with net profit after tax soaring to Dh1.1 billion - a 24 per cent increase compared t
Khaleej Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 399.50 | 0.00 (0.00 |
| FAB | 16.50 | 0.10 (0.60 |
| EMIRATESNBD | 26.15 | 0.90 (3.56 |
| INVESTB | 0.45 | 0.00 (0.00 |
| ADCB | 14.84 | 0.10 (0.67 |
02/02/2026
Saleh Abdulaziz Al Rashed & Sons Company, a leading provider of construction materials, mining and industrial spare-parts solutions based in Saudi Arabia, said on Sunday it set a price range of SAR45
Trade Arabia
02/02/2026
Gulf Bank KSCP ("Bank") announced its financial results for the full year ending December 31, 2025. The Bank reported a net profit of KD 52.4 million for the full year 2025, with an earning per share
Kuwait Times
02/02/2026
As part of its ongoing commitment to community engagement, youth empowerment, and financial literacy, Gulf Bank participated in the Al-Bayan Bilingual School Carnival, reaffirming its strategic focus
Kuwait Times
02/02/2026
Qatar National Bank (QNB) said the global macroeconomic framework for 2026 remains supportive of emerging market (EM) assets, despite ongoing volatility. The bank emphasized the growing importance of
QNA
02/02/2026
Gulf Warehousing Company (GWC), one of the region's leading logistics providers, has sealed a strategic collaboration with Apify, a European cloud platform specializing in web data extraction, automa
Trade Arabia
Financial Information Co.
Saudi Arabia