Sharjah Islamic Bank has signed a cooperation agreement with the University Hospital Sharjah to provide financing packages to patients, facilitating payment treatment fees to the University Hospital in convenient installments.
The agreement was signed by Dr Omar Abdul Hamid, Consultant of His Highness Ruler of Sharjah for Higher Education Affairs, and Mohammed Abdullah, CEO of Sharjah Islamic Bank.
Mohammed Abdullah, CEO of Sharjah Islamic Bank (SIB), stated that the bank will issue a global dollar-denominated Sukuk that will be listed on the London Stock Exchange.
The size of the issue is yet to be decided as they are waiting for market response after the investor road show which is taking place in the Middle East, Asia and Europe.
Sharjah Islamic Bank has signed a Memorandum of Understanding (MoU) with the Corporate Leasing Company Egypt (CORPLEASE), to establish a joint venture 'CORPLEASE UAE', a UAE-based company that will provide a plethora of lease facilities.
The ceremony was attended by Mohammed Abdullah, CEO of Sharjah Islamic Bank and Tarek Azmy, Managing Director of CORPLEASE, who signed the MoU on behalf of their respective organisations.