Home | Careers | FAQ | Glossary | Locations

  
About Us
Why SIFS?
Services
News
Events Calendar
Forms & Applications
Financial Analysis
Important Links
Market Comments
Contact Us
Sharjah Islamic Bank
 

FAQ

 

What is the Investor Number (IN) and how is it used?

The Investor Number (IN) is a unique number given to you as an investor. It identifies your account at the Clearing and Depository System (CDS), which holds all investor shares. The IN will be used to transfer shares to and from your account each time you buy or sell shares. When you open an account with a broker you will have to give your IN so that future transactions in your account can automatically be settled immediately after the trade is done.