Sharjah Islamic Bank (SIB) has allocated a Dh1 billion to finance all small-scale corporations that run small and medium size enterprises in the country. The move came after the signing of an agreement between SIB and Ruwad Establishment. The agreement was signed by Mohammad Abdullah, SIB Chief Executive, and Ahmad Mohammad Al Medfa, Ruwad Board Chairman.
Under the agreement, SIB will finance all enterprises carried out by Ruwad Establishment due to the growth witnessed by the small and medium size enterprises (SME) sector as well as the great attention it enjoys on the international level………………………………………..Full Article: Source