Summary: Sharjah Islamic Bank, or SIB, marked the listing of its $500 million sukuk on Nasdaq Dubai on Monday, with SIB chief executive Mohammed Abdulla ringing the opening bell at the Dubai Financial Market, or DFM.
What does SIB stand for?
SIB stands for Sharjah Islamic Bank
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of SIB
We have 204 other meanings of SIB in our Acronym Attic
- Schofield Insurance Brokers (Leeds, West Yorkshire, England, UK)
- School Improvement Board
- Sechelt Indian Band (Canada)
- Second Injury Board
- Securities and Investments Board (UK)
- Self Injurious Behavior
- Sensor Interface Board (electronics)
- Separate Infantry Brigade
- Service Integration Bus (IBM)
- Service-Independent Building/Block
Samples in periodicals archive:
As per the reports, the Sharjah Islamic Bank is now in the process of preparing for a dollar denominated Islamic bond or sukuk.
Sharjah Sharjah Islamic Bank said on Thursday said its net profit for 2012 stood at Dh272 million, compared to Dh251.
The flurry of activity, including two Gulf sukuk issues in the past week -- by Islamic Development Bank and Sharjah Islamic Bank -- and several more in the pipeline, were seen as signs the sukuk market may be embarking on a recovery.
Summary: HSBC ME may join the ranks of Sharjah Islamic Bank and Islamic Devt Bank as it looks at potential sukuk issue, after having raised $500 million from a 5-year bond issue in October 2010.
Summary: Sharjah, July 19, 2010 (SPA) -- Sharjah Islamic Bank (SIB) announced yesterday its 2nd quarter 2010 results with net profit of AED 118.
The ratings for Dubai Islamic Bank, Abu Dhabi Commercial Bank, Sharjah Islamic Bank, and the National Bank of Abu Dhabi were affirmed.
Sharjah Islamic Bank (SIB) has donated AED 5 million to the Abu Dhabi Zakat Fund, an independent establishment aiming to spread awareness of Zakat (giving a small percentage of one's possessions to charity) and its impact on society, and to collect Zakat and spend it locally in accordance with Islamic teachings (Shari'a).