UAE: Sharjah Islamic Bank issues $500 million, five-year sukuk amid robust global demand
Sharjah Islamic Bank (SIB) has successfully issued a US$500 million, five-year senior unsecured Sukuk, priced at a 4.65% yield. The transaction, oversubscribed 2.6 times with a $1.35 billion order book, attracted investors from the Middle East, Europe, and Asia. This marks SIB’s tenth Sukuk and its third capital market transaction in 2025, reinforcing its strong…
