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- Burgan Bank announces its financial results for first nine months of 2025
- Oman, Spain sign four MoUs across various sectors
- Elm, BENEFIT sign MoU to drive digital innovation in financial services
- flynas wins Operational Excellence Award at DXB
- KBR awarded detailed engineering contract for Qatar offshore project
- Alpha Dhabi 9-month revenues rise to $14.95bn
- Egypt's Suez Canal Revenues Rise 14% as Red Sea Tensions Ease
- Commercial Bank rewards 'smart savers' at a grand prize ceremony
- 81% of Saudi enterprises already using industry-specific AI solutions, new SAP survey finds
- Waha Capital exits from Optasia, marking most significant departure to date
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
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
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.10 | 0.10 (0.02 |
| FAB | 16.40 | 0.10 (0.61 |
| EMIRATESNBD | 27.35 | 0.00 (0.00 |
| ADCB | 15.18 | 0.34 (2.29 |
| ADIB | 22.18 | 0.06 (0.27 |
05/11/2025
Burgan Bank KPSC ("Burgan Bank" or "the Bank") announced its financial results for the nine months ended September 30, 2025 (9M 2025). The results indicate continued operational progress and consiste
Kuwait Times
05/11/2025
Elm, a leading digital solutions company, has signed a memorandum of understanding with the Bahrain Electronic Network for Financial Transactions (BENEFIT), the Kingdom's innovator and leading compan
Trade Arabia
05/11/2025
flynas, a low-cost airline in the Middle East, has been awarded the Operational Excellence Award of the 2025 oneDXB Airport Excellence Awards, presented by Dubai Airports, outperforming more than 100
Trade Arabia
05/11/2025
Alpha Dhabi Holding has delivered an excellent set of financial results for the nine-month period ending 30 September 2025, with group revenue rising to AED54.9 billion ($14.95 billion).
Th
Trade Arabia
05/11/2025
Commercial Bank has successfully concluded its nine-month 'Golden Draw' campaign with a grand prize ceremony "celebrating customer loyalty and the power of saving".
The event marked the culm
Gulf Times
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