Overview
Sharjah Islamic Bank, presents to you an opportunity to subscribe to the Empower Initial Public Offering (IPO).
As the world’s largest district cooling services provider by connected capacity, Empower is ready for the next phase of its growth story in line with Dubai’s ambitious future and is offering eligible retail investors an opportunity to participate in its share offering
Important dates
Empower IPO Subscription
SIB Customer with National Investor Number (NIN)
Valid/Active Account with SIB- National Investor Number NIN
- SIFS Account
- Original valid Emirates ID should be presented
SIB Customer without National Investor Number (NIN)
Create NIN through SIB Branches
- Original EID
- Original Passport
- Khulasat Al Qaid or Family Book for UAE Nationals
- Visa page for Expat
- Stamped IBAN certificate
*SIFS trading account opening and NIN issuance will take 2 business days, then customer need to visit the branch again for IPO subscription
Not a Sharjah Islamic Bank Customer
- Valid Manager’s Cheque, issued by a UAE Bank in AED and with Empower UAE IPO as beneficiary
- National Investor Number NIN
- Share broker Account or SIFS Account
- Original valid Emirates ID should be presented
To find out more about the subscription criteria and process, please visit www.empower.ae/ipo
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