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Sharjah Islamic Financial Services, a subsidiary of Sharjah Islamic bank offers its customers and investors a wide range of Islamic Sharia compliant trading tools to allocate, select and manage investments and wealth. Head quartered in Sharjah Expo Centre, in a modern state-of-the-art office building with all the advanced technological infrastructure necessary to conduct smooth business, SIFS offers right ambience and a professional environment. As a commitment to provide high quality services to our clients strict Islamic Sharia principles are adhered-to all processes and practices, which in turn gives SIFS a competitive advantage over other firms who are also offering similar kind of services.
Bupa Arabia for Cooperative Insurance soars on renewed Health Insurance License The Saudi Arabian Tadawul All-Share Index (TASI) recovered slightly Sunday, closing 0.20% higher at 6,979.55. Market breadth turned into the green, as 109 out of 151 stocks traded advanced, while 24 declined. Shares of Bupa Arabia for Cooperative Insurance jumped 2.71% to reach SR22.75. Earlier in the day, Bupa Arabia said that the Secretary General of the Council of Cooperative Health Insurance (CCHI) renewed its license for developing and providing health insurances.
The Saudi Arabian Tadawul All-Share Index (TASI) recovered slightly Sunday, closing 0.20% higher at 6,979.55. Market breadth turned into the green, as 109 out of 151 stocks traded advanced, while 24 declined. Shares of Bupa Arabia for Cooperative Insurance jumped 2.71% to reach SR22.75. Earlier in the day, Bupa Arabia said that the Secretary General of the Council of Cooperative Health Insurance (CCHI) renewed its license for developing and providing health insurances.
DP World shares remain under pressure The FTSE NASDAQ Dubai UAE 20 Index closed at 1565.72 off 1.03%, from the previous close. Dubai Ports (DP) World plummeted 2.86% to close at $10.20, as 224k shares were traded, valued at $2.33m.
The FTSE NASDAQ Dubai UAE 20 Index closed at 1565.72 off 1.03%, from the previous close. Dubai Ports (DP) World plummeted 2.86% to close at $10.20, as 224k shares were traded, valued at $2.33m.
Moody's affirms Qatar's Nakilat investment grade rating The QE 20 Index declined 0.62% to close at 8,402.97. Qatar Gas Transport Company or Nakilat declined by 1.67% to close at QR15.68. Earlier in the day, Nakilat announced that the rating agency Moody's Investors Service has reaffirmed Nakilat Inc.s senior secured debt rating at "Aa3" and its subordinated debt rating at "A1" with a stable outlook respectively.
The QE 20 Index declined 0.62% to close at 8,402.97. Qatar Gas Transport Company or Nakilat declined by 1.67% to close at QR15.68. Earlier in the day, Nakilat announced that the rating agency Moody's Investors Service has reaffirmed Nakilat Inc.s senior secured debt rating at "Aa3" and its subordinated debt rating at "A1" with a stable outlook respectively.
Aldar Properties consolidates above one Dirham The Abu Dhabi Securities Exchange (ADX) fell 0.18% to close at 2,463.43 points. Emirates Insurance co. posted the largest advance, gaining 8.33%. Arkan Building Materials was the top losed (off 3.70%). The emirate's first developer Aldar Properties jumped three percent to reach Dhs1.04. Some 73.3m shares were traded, valued at Dhs97.6m.
The Abu Dhabi Securities Exchange (ADX) fell 0.18% to close at 2,463.43 points. Emirates Insurance co. posted the largest advance, gaining 8.33%. Arkan Building Materials was the top losed (off 3.70%). The emirate's first developer Aldar Properties jumped three percent to reach Dhs1.04. Some 73.3m shares were traded, valued at Dhs97.6m.
Resilient Dubai market defends key support level The Dubai market closed 0.61% lower at 1,466.56 points Sunday. Weak input from the Saudi bourse, which fell below 7,000 Saturday, weighed on the measure. However, the Dubai gauge, after falling sharply at the opening, defended the support level at 1,455. Union Properties gained the most (up 1.37%). Emaar declined 0.70%. Investment bank Shuaa capital dived 6.54%. Seven shares advanced, 19 declined and one stock closed even. Some 67.1m shares were traded, valued at Dhs76.86m.
The Dubai market closed 0.61% lower at 1,466.56 points Sunday. Weak input from the Saudi bourse, which fell below 7,000 Saturday, weighed on the measure. However, the Dubai gauge, after falling sharply at the opening, defended the support level at 1,455. Union Properties gained the most (up 1.37%). Emaar declined 0.70%. Investment bank Shuaa capital dived 6.54%. Seven shares advanced, 19 declined and one stock closed even. Some 67.1m shares were traded, valued at Dhs76.86m.
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