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Tag Archives: Islamic banking

Summit highlights potential of global Islamic economy

An estimated 3,500 representatives of government, financial and investment sectors attended this week’s Global Islamic Economy Summit (GEIS) 2015, which took place in Dubai, highlighting the potential of the global Islamic economy. Sharjah’s investment interests were represented at the event by Sharjah Investment and Development Authority (Shurooq). Sharjah has aligned its development strategy closely with the world’s fast-growing Islamic economy, ...

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Nasdaq Dubai listing for US$500m SIB sukuk

Sharjah Islamic Bank CEO Mohammed Abdulla rang the opening bell at Nasdaq Dubai on Sunday to celebrate the listing of US$500 million (AED 1.84 b) sukuk on the exchange. It is the second sukuk to be listed by Sharjah Islamic Bank (SIB) on Nasdaq Dubai , following a US$ 500 million listing in April 2013. Global sukuk issuance is expected ...

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