Tagged: Sharjah Islamic Bank

Sharjah Islamic Bank Raises $500m Sukuk As Orders Hit $1.3bn

Sharjah Islamic Bank (SIB) has raised $500 million through a five-year Sukuk, attracting orders worth $1.3 billion as investors showed strong demand for the Islamic bond, the United Arab Emirates-based lender said. The order book was 2.6 times the size of the offering, allowing the… Read More

UAE: Sharjah Islamic Bank Partners with Noqodi for Digital Payment Services

UAE’s Sharjah Islamic Bank (SIB) has announced a strategic partnership with Noqodi, a Fintech company and payment gateway owned by Emaratech Group, to enhance digital payment services. In a statement, the bank said the collaboration is set to substantially enhance the digital and electronic payment… Read More

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