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    Sharjah Islamic Bank’s profit before tax Increased by 29% for nine month period ended 30 September 2024

    Sharjah Islamic Bank’s profit before tax Increased by 29% for nine month period ended 30 September 2024

    17 Oct 2024

    Sharjah Islamic Bank (SIB) announced an increase in its profit before tax by 29 per cent, amounting to Dhs 992.1 million for the first nine months of 2024, compared to Dhs 767.3...

    SIB launches part-time employment initiative

    SIB launches part-time employment initiative

    23 Sep 2024

    Sharjah Islamic Bank (SIB) has announced the launch of part-time employment for university and college students and graduates, across various departments and branches of the SIB. The initiative was officially...

    SIB reports 25.8% rise in net profit

    SIB reports 25.8% rise in net profit

    19 Jul 2024

    Sharjah Islamic Bank (SIB) announced an increase in its net profit by 25.8%, amounting to Dhs622.4 million for the first six months of 2024, compared to Dhs494.6 million for the...

    SIB lists $500 million Sukuk on Nasdaq Dubai

    SIB lists $500 million Sukuk on Nasdaq Dubai

    11 Jul 2024

    Nasdaq Dubai welcomed the listing of $500 million Sukuk issued by the Sharjah Islamic Bank (SIB). This marks the sixth issuance under the bank’s $3 billion Trust Certificate Issuance Programme...

    Sharjah Islamic Bank successfully issues $500 million sukuk

    Sharjah Islamic Bank successfully issues $500 million sukuk

    27 Jun 2024

    Sharjah Islamic Bank (SIB) successfully closed a $500 million sukuk in the international capital markets on Wednesday. The issuance received tremendous response from international investors, attracting orders that peaked at...

    SIB joins ‘haifin’ platform to combat fraud, support digital transformation

    SIB joins ‘haifin’ platform to combat fraud, support digital transformation

    19 May 2024

    In a move to enhance efforts to combat fraud and continue digital transformation plans in the banking sector, aligning with the digital goals of the United Arab Emirates, Sharjah Islamic...

    SIB’s net profit grows 22.5% in Q1

    SIB’s net profit grows 22.5% in Q1

    22 Apr 2024

    Sharjah Islamic Bank (SIB) announced an increase in its net profit before tax by 22.5 per cent, amounting to Dhs285.4 million for the first quarter 2024, compared to Dhs233.1 million...

    SIB provides first Islamic financial facility for Turkiye Wealth Fund

    SIB provides first Islamic financial facility for Turkiye Wealth Fund

    21 Mar 2024

    Sharjah Islamic Bank (SIB) and the Turkiye Wealth Fund (TWF) announced the signing of a unique agreement to provide a Shariah-compliant Murabaha facility worth $100 million, for a period of...

    Sharjah Islamic Bank approves 10% cash dividends totaling Dhs323.5m

    Sharjah Islamic Bank approves 10% cash dividends totaling Dhs323.5m

    19 Feb 2024

    Abdul Rahman Al Owais, Chairman of the Board of Directors of Sharjah Islamic Bank (SIB), chaired the SIB’s annual general assembly meeting (AGM), held in person at the Sharjah Chamber...

    Sharjah Islamic Bank achieves record net profits

    Sharjah Islamic Bank achieves record net profits

    18 Jan 2024

    Gulf Today, Staff Reporter The Sharjah Islamic Bank (SIB) maintained its strong financial position amid global economic challenges. This confirms the SIB’s flexibility in the face of rising profit...

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