SIB TIER 1 Corp Sukuk 5.00 PrepSIB TIER 1 Corp Sukuk 5.00 PrepSIB TIER 1 Corp Sukuk 5.00 Prep

SIB TIER 1 Corp Sukuk 5.00 Prep

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Overview
Analysis

Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
5.00% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
Maturity date
Term to maturity

About SIB TIER 1 Corp Sukuk 5.00 Prep


Sector
Finance
Industry
Major Banks
Home page
Issue date
Jul 2, 2019
ISIN
XS2010323009
Sharjah Islamic Bank engages in the provision of shariah-compliant corporate, retail and investment banking services. It operates through the following segments: Government and Corporate, Retail, Investment and Treasury, and Hospitality, Brokerage, and Real Estate. The Government and Corporate segment provides companies, institutions and government departments with a range of Islamic financial products and services. The Retail segment offers a range of Islamic financial services to individuals. The Investment and Treasury segment mainly includes income on investments of the bank and other money market activities. The Hospitality and Brokerage segment provides hospitality and brokerage services respectively. The company was founded in January 1975 and is headquartered in Sharjah, United Arab Emirates.
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