UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB, Noqodi sign agreement

SIB says that the strategic partnership will help the bank in facilitating its customers access to digital solutions. (WAM)
  • This pact aims to improve digital and electronic payment offerings available to SIB's corporate and individual business customers.
  • SIB's business clients will gain access to a broader range of digital payment solutions for seamless fee payments across various products.

SHARJAH, UAE – Sharjah Islamic Bank (SIB) announced a strategic partnership with Noqodi, a leading financial technology company and payments gateway owned by Emaratech Group.

This collaboration aims to significantly improve the digital and electronic payment offerings available to SIB’s corporate and individual business customers.

The agreement was signed at SIB headquarters by Hakam Abu Zarour, Chief Operating Officer of SIB, and Zahi Kallab, General Manager of Noqodi, in the presence of senior representatives from both organizations.

Through this partnership, SIB’s business clients will gain access to a broader range of digital payment solutions for seamless fee payments across various services and products.

“This contributes to the continuous support of our customers to facilitate their access to innovative digital solutions and simplify their day-to-day commercial operations,” said Abu Zarour.

“We also aim to provide our customers with a wide array of fast and convenient payment options, which allow them to manage and track their payments with efficiency and ease, in collaboration with companies and platforms with high expertise and efficiency in this field,” he said.

“We at Noqodi are committed to crafting seamless digital payment experiences through strategic collaborations with banks. Our partnership with Sharjah Islamic Bank represents a significant step towards enhancing financial services for businesses,” Zahi Kallab said.