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- Design, masterplan for new 24,000-seat Zayed City stadium unveiled
- Boubyan maintains its Islamic digital banking leadership, globally, regionally and domestically
- 2025: A record-breaking year for NBK in training national talents
- Alba celebrates graduation of second batch from BEng programme
- Buraimi Industrial City attracts RO20mn in new projects in 2025 first half
- Oil declines with Gaza peace plan and US inventories in focus
- Tunnel excavation work starts for Oman-UAE rail project
- KONE named vertical mobility partner for mega skyscraper Jeddah Tower
- Fertiglobe to return minimum $277 million to shareholders in 2025 amid strong strategic progress
- Multiply Group to acquire a majority stake in Italy-based ISEM Packaging Group
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
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
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.00 | 0.00 (0.00 |
| FAB | 15.90 | -0.26 (-1.61 |
| EMIRATESNBD | 24.60 | -0.05 (-0.21 |
| ADCB | 14.86 | 0.26 (1.78 |
| ADIB | 22.12 | 0.14 (0.63 |
09/10/2025
Once again, Boubyan Bank reinforces its global, regional and domestic digital banking leadership after being recognized with 4 prestigious awards from Global Finance, as part of its annual awards giv
Kuwait Times
09/10/2025
Guided by its philosophy that sees human capital investment as the foundation of sustainable growth, National Bank of Kuwait successfully concluded its 2025 training program for university students,
Kuwait Times
09/10/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, celebrated the graduation of its second batch of employees from the Top-Up Bachelor of Engineering (BEng) programme in Ele
Trade Arabia
09/10/2025
Fertiglobe, the largest seaborne exporter of urea and ammonia globally and a key nitrogen fertiliser producer in the MENA region, has announced a minimum capital return of $277 million to shareholder
Khaleej Times
09/10/2025
Multiply Group, an Abu Dhabi-based investment holding company, on Wednesday announced that it will acquire a majority position in ISEM, a European leading packaging group, subject to regulatory appro
Khaleej Times
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