Islamic Finance
Regulation, Risk & Compliance
Uncategorized
SIB successfully issues US$500 million sukuk
The Sharjah Islamic Bank PJSC has successfully issued a US$500 million sukuk in international capital markets, eliciting an outstanding response from investors and garnering orders to the tune of US$1.6 billion, thus resulting in being 3.2 times over-subscribed. With a maturity of five years, the sukuk was priced at a…
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Source: Sharjah Islamic Bank