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- Bahrain All Share Index, Islamic Index close lower
- European shares close higher
- Nvidia to invest $5 billion in Intel
- NBK-Egypt funds 4th stage of solar power plant at Shefaa' Al-Orman Hospitals
- Al Maha signs diesel supply agreement for Fahud heavy oil production Facility
- Gold price in Qatari market increases by 0.44% this week
- As of today, Estithmar Holding's listing on FTSE Mid Cap Index is effective
- Mena's electricity demand surge as countries diversify sources: IEA
- Kuwait Oil Minister Expects Demand Boost after US Rate Cut
- Al Seer Marine announces delivery of its third ammonia-capable VLGC
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 | -0.20 (-0.05 |
| FAB | 16.52 | 0.08 (0.48 |
| EMIRATESNBD | 25.40 | 0.50 (2.00 |
| ADCB | 14.40 | 0.48 (3.44 |
| ADIB | 22.18 | 0.28 (1.27 |
19/09/2025
As part of its Corporate Social Responsibility and in support of Egypt's efforts to create a sustainable ecosystem that depends on renewable energy as one of the most important sources of energy, NBK
Kuwait Times
19/09/2025
Extending Al Maha's relationship with Petroleum Development Oman, which has lasted for more than twenty-five years, the company's Chief Executive Officer, Eng. Hamed bin Salim Al Maghdri, signed a ne
Times of Oman
19/09/2025
As of September 18, 2025, Qatar based Estithmar Holding Q.P.S.C. has been included in the FTSE Mid Cap Index following the September 2025 FTSE Global Equity Index Series (GEIS) Semi-Annual Review. Ch
The Peninsula
19/09/2025
Al Seer Marine, a leader in advanced maritime solutions and a subsidiary of IHC, has announced with BGN the delivery of Merak, its third Very Large Gas Carrier (VLGC) equipped with ammonia-carrying c
Trade Arabia
19/09/2025
AD Ports Group, a global enabler of trade, transport, logistics, and industry, has awarded a contract to Baku Shipyard in Azerbaijan for the construction of two 780 TEUs container vessels that will s
Trade Arabia
Financial Information Co.
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