Sharjah Islamic Bank PJSC News - Mubasher Info
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30 December 01:40 AM

Sharjah Islamic Bank PJSC (SIB)

Last update: 29 December 02:57 PM market time.
3.12
0.12
3.97%
Open 3.12
Previous Close 3.02
High 3.14
Low 3.11
Stock Statistics
Volume 2,765,412
Turnover 8,630,853.42
All data are 15 minutes late during market session

News

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10 June 12:22 PM Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai
Abu Dhabi – Mubasher: Nasdaq Dubai welcomed the listing of a $500 million Additional Tier 1 (AT1) Sukuk offered by Sharjah Islamic Bank, according to a press release. The perpetual, non-call six-year AT1 Capital Certificates were issued by the …
Companies Investments
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5 December 2024 01:24 PM Sharjah Islamic Bank joins Network International to offer multi-channel payment acceptance solutions
Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) has entered into a new partnership with Network International to provide the bank’s UAE-based customers with advanced digital financial services, such as point-of-sale (POS), card acceptance, and …
Banking and Finance
Photo Archive
20 October 2024 09:08 AM Sharjah Islamic Bank sees over 17.5% higher net profits in 9M-24
Abu Dhabi – Mubasher: Sharjah Islamic Bank posted 17.60% year-on-year (YoY) higher net profits attributable to the owners at AED 902.52 million in the first nine months (9M) of 2024, versus AED 767.30 billion. The lender’s total operating income …
Banking and Finance
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18 July 2024 04:22 PM Sharjah Islamic Bank logs AED 566m consolidated profit in H1-24
Abu Dhabi – Mubasher: The consolidated net profit attributable to the owners of Sharjah Islamic Bank rose to AED 566.16 million in the first half (H1) of 2024 from AED 494.57 million in the comparative period the year before. Total operating …
Financial Results
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23 April 2024 10:12 AM Sharjah Islamic Bank records rise in Q1-24 profits to owners
Abu Dhabi – Mubasher: The net profits attributable to the owners of Sharjah Islamic Bank hit AED 259.65 million in the first quarter (Q1) of 2024, an annual growth from AED 233.06 million. Total operating income jumped to AED 504.74 million in …
Financial Results
Photo Archive
25 January 2024 04:58 PM Sharjah Islamic Bank reports AED 851.5m net profits in 2023
Abu Dhabi – Mubasher: Sharjah Islamic Bank generated net profits amounting to AED 851.54 million in 2023, marking a 30.80% increase from AED 650.91 million in 2022. The earnings per share (EPS) stood at AED 0.23 at the end of 2023, compared with …
Banking and Finance
Photo Archive
26 October 2023 11:14 AM Sharjah Islamic Bank generates 35% higher profits in 9M-23
Abu Dhabi – Mubasher: Sharjah Islamic Bank registered net profits valued at AED 767.30 million during the first nine months (9M) of 2023, an annual increase of 34.90% from AED 568.60 million. The total operating income climbed by 22.80% to AED …
Banking and Finance
Photo Archive
19 April 2023 02:04 PM Sharjah Islamic Bank’s profits jump to AED 233m in Q1-23
Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Sharjah Islamic Bank hit AED 233.06 million in the first quarter (Q1) of 2023, an annual surge of 24.60% from AED 187.01 million. The total operating income increased by …
Banking and Finance
Photo Archive
27 February 2023 00:21 PM Sharjah Islamic Bank’s shareholders approve AED 308m dividends
Abu Dhabi – Mubasher: The shareholders of Sharjah Islamic Bank agreed to disburse AED 308.15 million as cash dividends, representing 10% of the paid-up capital. The last entitlement and payment dates for the dividends will be on 6 and 27 March …
Cash Dividends
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26 January 2023 03:24 PM Sharjah Islamic Bank achieves over 25% growth in 2022 net profits; dividends proposed
Abu Dhabi – Mubasher: Sharjah Islamic Bank logged net profits of AED 650.91 million during 2022, marking a 26.6% year-on-year (YoY) increase from AED 514.07 million. The earnings per share went up to AED 0.21 in 2022 from AED 0.17 in 2021, …
Board of Directors
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24 October 2022 04:59 PM Sharjah Islamic Bank’s profits exceed AED 568.5m in 9M-22
Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Sharjah Islamic Bank (SIB) reached AED 568.60 million in the first nine months (9M) of 2022, an annual hike of 24.10% from AED 458.02 million. The net income from financing …
Financial Results
Photo Archive
20 July 2022 03:09 PM Sharjah Islamic Bank records 25% higher profits in H1-22
Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) recorded a 25% year-on-year (YoY) rise in its net profits attributable to the shareholders to AED 361.87 million in the first half (H1) of 2022 from AED 289.49 million, according to the bank's …
Financial Results
Photo Archive
2 February 2022 01:18 PM Sharjah Islamic Bank records 27% higher profits in 2021
Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) posted a 26.7% year-on-year (YoY) increase in the net profits attributable to the shareholders to AED 514.07 million in 2021, compared to AED 405.83 million in 2020, according to the bank's …
Banking and Finance
This decision is subject to the approval of the bank's OGM
19 October 2021 02:42 PM Sharjah Islamic Bank's board approves foreign ownership rise to 40%
Abu Dhabi – Mubasher: The board of Sharjah Islamic Bank (SIB) has approved an increase in the foreign ownership limit to 40% to enhance its international classification. This decision is subject to the approval of the bank's ordinary general …
Banking and Finance
The bank's assets reached AED 54.51 billion as of 30 September
17 October 2021 09:37 AM Sharjah Islamic Bank sees 30% higher profits in 9M
Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) recorded AED 458.02 million net profits attributable to the shareholders during the first nine months of 2021, up 29.6% from AED 353.38 million in the year-ago period. The bank's net income from …
Financial Results
CI Ratings has also affirmed SIB's Bank Standalone Rating (BSR) of 'bbb-'
8 July 2021 10:12 AM CI Ratings affirms Sharjah Islamic Bank's ratings; outlook stable
Abu Dhabi – Mubasher: Capital Intelligence Ratings (CI Ratings) has affirmed Sharjah Islamic Bank's (SIB) long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) at 'A-' and 'A2', respectively, with a stable …
Banking and Finance
The rating agency has also downgraded the bank's BCA
26 May 2021 01:47 PM Moody's downgrades Sharjah Islamic Bank to 'Baa1'; outlook negative
Abu Dhabi – Mubasher: Moody's Investors Service (Moody's) has downgraded Sharjah Islamic Bank’s (SIB) local and foreign currency long-term issuer ratings to Baa1 from A3, with a negative outlook. The rating agency has also downgraded the bank's …
Banking and Finance
The rating is supported by a high probability of support available to the bank
18 May 2021 03:33 PM Fitch affirms Sharjah Islamic Bank’s rating at BBB+; outlook stable
Abu Dhabi – Mubasher: Fitch Ratings has affirmed Sharjah Islamic Bank’s (SIB) long-term issuer default rating (IDR) and viability rating (VR) at 'BBB+' and 'bb+', respectively, with a stable outlook.  The rating is supported by a high probability …
Banking and Finance
The bank's total assets reached AED 54.919 billion as of 31 March 2021
18 April 2021 10:29 AM Sharjah Islamic Bank records 7% higher profits in Q1-21
Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) reported a 6.8% increase in net profits attributable to the shareholders to AED 164.2 million during the first quarter (Q1) of 2021, compared to AED 153.7 million in the same quarter of 2020, …
Banking and Finance
The dividend distribution aggregates at AED 246.527m
21 February 2021 11:45 AM Sharjah Islamic Bank's OGM approves 8% dividends
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Sharjah Islamic Bank (SIB) has approved to pay out cash dividends, equivalent to 8% of the issued capital. The cash dividend distribution aggregates at a total amount of AED 246.527 …
General Assembly
The bank's net operating income rose to AED 697.7m
20 January 2021 02:23 PM Sharjah Islamic Bank records 26% lower profits in 2020
Abu Dhabi – Mubasher: The net profits of Sharjah Islamic Bank (SIB) decreased by 25.6% to AED 405.83 million in 2020 from AED 545.53 million in 2019, according to the preliminary financials for the period ended on 31 December 2020. The bank's net …
Financial Results
The rise in assets is driven by higher deposits
1 November 2020 00:55 PM Emirati banks report 11% higher assets in 9M
UAE – Mubasher: The total assets of ten Emirati banks jumped by 11.4% to AED 2.681 trillion during the first nine months of 2020, when compared to the same period of 2019, according to the Emirates News Agency (WAM). The ten banks comprise First …
Banking and Finance
Lower net profits are attributed to an AED 101 million increase in provisions
20 October 2020 01:49 PM Sharjah Islamic Bank sees 15% lower profits in 9M
Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) recorded AED 353.38 million net profits attributable to the shareholders during the first nine months of 2020, down 14.9% from AED 415.41 million in the corresponding period of 2019. Lower net …
Financial Results
The bank's total assets climbed by 13.5%
22 July 2020 03:57 PM SIB's net profits dip to AED 251m in H1-20
Abu Dhabi – Mubasher: The consolidated interim financial results of Sharjah Islamic Bank (SIB) recorded net profits of AED 251.2 million during the first half (H1) of 2020, down 13.5% from AED 290.5 million in the corresponding half of 2019. Lower …
Financial Results
The five-year Sukuk has attracted 150 investors
24 June 2020 00:01 PM Sharjah Islamic Banks lists $500m Sukuk on Nasdaq Dubai
Abu Dhabi – Mubasher: Nasdaq Dubai has welcomed Sharjah Islamic Bank's listing of a $500 million Sukuk to support its activities and strategic development. Oversubscribed 7.2 times, the five-year Sukuk has attracted 150 regional and international …
Banking and Finance