Sharjah Islamic Financial Services ranked at top of ADX brokerage companies list for May

Saed Mohammed Al Amiri, President of the Investment Group at SIB and Chairman of SIFS, stated that, "SIFS last month succeeded to hit the trading volume of Dhs7.7bn in ADX." He explained that this figure reflects the positive results of the company with respect to the value, volume, and number of deals over the past month.

"SIFS allows customers to open accounts and complete transactions in a very short time, which has really helped build our customer base since it's convenient, along with creating a convenient and accessible atmosphere for our customers across the board," said Mr. Al Amiri.

SIFS's Board of Directors currently focuses on developing the infrastructure of the firm according to the latest regulations and strategies in place by the world's leading financial institutions. The Board is also in the preparatory stages of expanding its services outside of the UAE, particularly in Saudi Arabia due to the fact that it's the largest market in the GCC, as well as Egypt and Jordan for their growing potential in the region.

Sharjah Islamic Financial Services was launched formally in September of 2006 and is a subsidiary of Sharjah Islamic Bank. The headquarters are located in the Sharjah Expo Center and the firm operates through its network businesses, which aside from its main branch include branches in DFM, ADX and Sharjah Golf and Shooting Club.